Oakwood, OH vs Wooster, OH

The cost of living difference between Oakwood, OH and Wooster, OH is dramatic. Wooster is 34.5% cheaper than Oakwood, a gap that translates to thousands of dollars per year in household expenses. Oakwood has a cost index of 101 while Wooster sits at 75, 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 Oakwood is $1,320/month compared to $882/month in Wooster — a 50% difference. Home values follow the same pattern: Wooster is more affordable at $198,400 median vs $350,100.

Median household income in Oakwood is $158,968 compared to $65,888 in Wooster (+141.3%). 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 Oakwood spend roughly 10% of their income on rent, less than the 16.1% in Wooster.