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Ravenna, OH vs Woodlawn, OH

70
Ravenna
Ohio
VS
-23.9%
92
Woodlawn
Ohio

There is a significant gap in the cost of living between these two cities. Ravenna is 23.9% cheaper than Woodlawn. With a cost index of 70 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ravenna to Woodlawn should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ravenna is $885/month compared to $1,464/month in Woodlawn — a 40% difference. Home values follow the same pattern: Ravenna is more affordable at $129,400 median vs $177,600.

Median household income in Ravenna is $52,368 compared to $66,712 in Woodlawn (-21.5%). The higher salaries in Woodlawn partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Ravenna spend roughly 20.3% of their income on rent, less than the 26.3% in Woodlawn.

Income & Cost

Cost of Living Index
Ravenna
70
24% cheaper
Woodlawn
92
Median Household Income
Ravenna
$52,368
Woodlawn
$66,712
22% higher

Housing

Median Rent
Ravenna
$885
40% cheaper
Woodlawn
$1,464
Median Home Value
Ravenna
$129,400
27% cheaper
Woodlawn
$177,600
Population
Ravenna
11,286
Woodlawn
3,885

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ravenna $2.89
Woodlawn $2.89
US $3.07
🥚
Eggs (grade A, large)
Ravenna $2.35
Woodlawn $2.36
US $2.50
🥛
Milk (whole)
Ravenna $3.79
Woodlawn $3.80
US $4.03
🍞
Bread (white)
Ravenna $1.74
Woodlawn $1.75
US $1.85
🍗
Chicken breast
Ravenna $3.90
Woodlawn $3.91
US $4.14
Electricity
Ravenna $0.17
Woodlawn $0.17
US $0.19