Millbury, OH vs Oakwood village (Cuyahoga County), OH

Millbury, OH and Oakwood village (Cuyahoga County), OH have a very similar cost of living, with only a 0.2% difference in their overall index. Millbury scores 76 while Oakwood village (Cuyahoga County) scores 76 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 Millbury is $928/month compared to $975/month in Oakwood village (Cuyahoga County) — a 5% difference. Interestingly, home values tell a different story: while Millbury has cheaper rent, Oakwood village (Cuyahoga County) actually has lower median home values ($172,600 vs $197,800).

Median household income in Millbury is $73,934 compared to $65,038 in Oakwood village (Cuyahoga County) (+13.7%). Millbury offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Millbury spend roughly 15.1% of their income on rent, less than the 18% in Oakwood village (Cuyahoga County).