Lyons, OH vs Terrace Park, OH

The cost of living difference between Lyons, OH and Terrace Park, OH is dramatic. Lyons is 61.8% cheaper than Terrace Park, a gap that translates to thousands of dollars per year in household expenses. Lyons has a cost index of 68 while Terrace Park sits at 177, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lyons is $821/month compared to $3,188/month in Terrace Park — a 74% difference. Home values follow the same pattern: Lyons is more affordable at $136,500 median vs $581,000.

Median household income in Lyons is $46,397 compared to $206,705 in Terrace Park (-77.6%). While Terrace Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lyons spend roughly 21.2% of their income on rent, more than the 18.5% in Terrace Park.