Medina, OH vs Oakwood, OH

There is a significant gap in the cost of living between these two cities. Medina is 18.3% cheaper than Oakwood. With a cost index of 83 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Medina to Oakwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Medina is $1,025/month compared to $1,320/month in Oakwood — a 22% difference. Home values follow the same pattern: Medina is more affordable at $231,700 median vs $350,100.

Median household income in Medina is $76,099 compared to $158,968 in Oakwood (-52.1%). While Oakwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Medina spend roughly 16.2% of their income on rent, more than the 10% in Oakwood.