Shaker Heights, OH vs Urbana, OH
There is a significant gap in the cost of living between these two cities. Urbana is 28.6% cheaper than Shaker Heights. With a cost index of 71 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Urbana to Shaker Heights should plan for substantially higher expenses across most categories.
On the housing front, median rent in Shaker Heights is $1,149/month compared to $911/month in Urbana — a 26% difference. Home values follow the same pattern: Urbana is more affordable at $147,300 median vs $288,000.
Median household income in Shaker Heights is $97,721 compared to $66,768 in Urbana (+46.4%). While Shaker Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Shaker Heights spend roughly 14.1% of their income on rent, less than the 16.4% in Urbana.
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