Lucas, OH vs Shreve, OH
Lucas, OH and Shreve, OH have a very similar cost of living, with only a 4.5% difference in their overall index. Lucas scores 63 while Shreve scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Lucas is $764/month compared to $758/month in Shreve — a 1% difference. Interestingly, home values tell a different story: while Shreve has cheaper rent, Lucas actually has lower median home values ($116,800 vs $133,200).
Median household income in Lucas is $57,353 compared to $66,011 in Shreve (-13.1%). While Shreve is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lucas spend roughly 16% of their income on rent, more than the 13.8% in Shreve.
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