Shaker Heights, OH Cost of Living

7 Reviews

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Shaker Heights cost of living score
Less expensive
17.0% lower
than the US average
0.4% higher
than the Ohio average
Shaker Heights, Ohio gets a BestPlaces Cost of Living score of 83, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.0% lower than the U.S. average and 0.4% lower than the average for Ohio.

Shaker Heights, OH

Housing costs in Shaker Heights?
A typical home costs $265,100, which is 21.6% less expensive than the national average of $338,100 and 34.6% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Shaker Heights costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 19.0% more than the state average of $980.

Can I afford Shaker Heights?
To live comfortably in Shaker Heights, Ohio, a minimum annual income of $50,760 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Shaker Heights?
Shaker Heights, OH is an affluent area with a relatively high cost of living. Housing costs, in particular, are quite steep compared to the national average. The median home price in Shaker Heights is around $325,000, which is more than double the median home price for the rest of the country. In addition, rent and other living costs such as food, utilities and transportation are higher here than in most other places. While this can make it challenging to afford life in Shaker Heights, it also means that those who do live here have access to all of the amenities of a larger community while enjoying a smaller city atmosphere.
   Cost of living score
     CategoriesShaker HeightsOhioUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for Shaker Heights
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Over 9 years ago

Shaker Heights has superb options for education, in both the public or private schools. The city libraries are excellent.   More

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A very diverse place to be, it mixes the rich with the poor, the good with the bad, the have's with the have nots. I have lived in the area for more than 30 years, even  More

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Over 13 years ago

Shaker Heights schools just aren't what they used to be. Parents could do much better elsewhere and save themselves a lot of money in the process since Shaker Heights  More

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