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Wakeman, OH vs Wharton, OH

69
Wakeman
Ohio
VS
+10.2%
62
Wharton
Ohio

Wharton is moderately more affordable than Wakeman, with a 10.2% lower cost of living index. Wakeman scores 69 compared to 62 for Wharton, where the US average is 100. This difference means residents of Wakeman can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Wakeman is $776/month compared to $728/month in Wharton — a 7% difference. Home values follow the same pattern: Wharton is more affordable at $97,500 median vs $169,300.

Median household income in Wakeman is $70,393 compared to $62,734 in Wharton (+12.2%). While Wakeman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Wakeman spend roughly 13.2% of their income on rent, less than the 13.9% in Wharton.

Income & Cost

Cost of Living Index
Wakeman
69
Wharton
62
9% cheaper
Median Household Income
Wakeman
$70,393
11% higher
Wharton
$62,734

Housing

Median Rent
Wakeman
$776
Wharton
$728
6% cheaper
Median Home Value
Wakeman
$169,300
Wharton
$97,500
42% cheaper
Population
Wakeman
1,100
Wharton
377

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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