Montgomery, OH vs Shaker Heights, OH

The cost of living difference between Montgomery, OH and Shaker Heights, OH is dramatic. Shaker Heights is 32.1% cheaper than Montgomery, a gap that translates to thousands of dollars per year in household expenses. Montgomery has a cost index of 120 while Shaker Heights sits at 91, 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 Montgomery is $1,507/month compared to $1,149/month in Shaker Heights — a 31% difference. Home values follow the same pattern: Shaker Heights is more affordable at $288,000 median vs $505,800.

Median household income in Montgomery is $148,438 compared to $97,721 in Shaker Heights (+51.9%). While Montgomery is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montgomery spend roughly 12.2% of their income on rent, less than the 14.1% in Shaker Heights.