Shaker Heights, OH vs Willoughby Hills, OH
Shaker Heights, OH and Willoughby Hills, OH have a very similar cost of living, with only a 0.3% difference in their overall index. Shaker Heights scores 91 while Willoughby Hills scores 91 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Shaker Heights is $1,149/month compared to $1,091/month in Willoughby Hills — a 5% difference. Interestingly, home values tell a different story: while Willoughby Hills has cheaper rent, Shaker Heights actually has lower median home values ($288,000 vs $305,800).
Median household income in Shaker Heights is $97,721 compared to $61,641 in Willoughby Hills (+58.5%). 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 21.2% in Willoughby Hills.
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