Zip 44054 (Sheffield Lake, OH) Cost of Living


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Sheffield Lake cost of living score
81
Less expensive
19.0% lower
than the US average
2.1% lower
than the Ohio average
Sheffield Lake (zip 44054), Ohio gets a BestPlaces Cost of Living score of 81, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.0% lower than the U.S. average and 2.1% higher than the average for Ohio.

Zip 44054 (Sheffield Lake, OH)

Housing costs in Sheffield Lake?
A typical home costs $182,000, which is 46.2% less expensive than the national average of $338,100 and 7.6% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Sheffield Lake costs $1,120 per month, which is 14.3% more than the national average of $980 and 10.7% more than the state average of $1,000.

Can I afford Sheffield Lake?
To live comfortably in Sheffield Lake (zip 44054), Ohio, a minimum annual income of $34,920 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Sheffield Lake?
The cost of living in 44054 Sheffield Lake, OH is slightly higher than the national average. The median home price in this area is $129,000, and the median rent per month is $874. Additionally, the cost of groceries and health care are both slightly higher than average. All in all, it is a comfortable and affordable place to live in comparison to other areas of Ohio.
   Cost of living score
     CategoriesSheffield LakeOhioUnited States
  81.082.7100.0
  96.296.1100
  84.588.7100.0
  55.861.6100.0
  $182,000$197,000$338,100
  96.8%100.0%100.0%
  79.483.9100.0
  103.289.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime