Oakwood, PA vs Red Lion, PA

Red Lion is moderately more affordable than Oakwood, with a 8.6% lower cost of living index. Oakwood scores 81 compared to 74 for Red Lion, where the US average is 100. This difference means residents of Oakwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Oakwood is $1,261/month compared to $863/month in Red Lion — a 46% difference. Interestingly, home values tell a different story: while Red Lion has cheaper rent, Oakwood actually has lower median home values ($112,500 vs $172,000).

Median household income in Oakwood is $72,273 compared to $63,672 in Red Lion (+13.5%). 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 20.9% of their income on rent, more than the 16.3% in Red Lion.