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McDonald, OH vs Sheffield Lake, OH

67
McDonald
Ohio
VS
-11.2%
76
Sheffield Lake
Ohio

McDonald is moderately more affordable than Sheffield Lake, with a 11.2% lower cost of living index. McDonald scores 67 compared to 76 for Sheffield Lake, where the US average is 100. This difference means residents of Sheffield Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in McDonald is $834/month compared to $1,014/month in Sheffield Lake — a 18% difference. Home values follow the same pattern: McDonald is more affordable at $146,500 median vs $153,400.

Median household income in McDonald is $73,625 compared to $62,065 in Sheffield Lake (+18.6%). McDonald offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of McDonald spend roughly 13.6% of their income on rent, less than the 19.6% in Sheffield Lake.

Income & Cost

Cost of Living Index
McDonald
67
11% cheaper
Sheffield Lake
76
Median Household Income
McDonald
$73,625
16% higher
Sheffield Lake
$62,065

Housing

Median Rent
McDonald
$834
18% cheaper
Sheffield Lake
$1,014
Median Home Value
McDonald
$146,500
4% cheaper
Sheffield Lake
$153,400
Population
McDonald
3,150
Sheffield Lake
8,946

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
McDonald $2.89
Sheffield Lake $2.89
US $3.07
🥚
Eggs (grade A, large)
McDonald $2.35
Sheffield Lake $2.35
US $2.50
🥛
Milk (whole)
McDonald $3.79
Sheffield Lake $3.79
US $4.03
🍞
Bread (white)
McDonald $1.74
Sheffield Lake $1.74
US $1.85
🍗
Chicken breast
McDonald $3.90
Sheffield Lake $3.90
US $4.14
Electricity
McDonald $0.17
Sheffield Lake $0.17
US $0.19