Eastlake, OH Cost Of Living
Cost Of Living In Eastlake, OH Summary
Cost of living in Eastlake research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Eastlake is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Eastlake is 93, with 100 being the average.
The cost of living index in Eastlake is 0.9x lower than the national average.
Eastlake ranks as the #176 cheapest in Ohio out of 286.
Eastlake ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Eastlake is $137,100.
The median income in Eastlake is $55,931.
Table Of Contents
Eastlake's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Eastlake, OH?
According to the most recent data on the cost of living, Eastlake has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Ohio, Eastlake has a cost of living index that's 1.0x higher than Ohio's index of 91.
The standard of living in Eastlake ranks as #176 most affordable out of the 286 places we measured in Ohio. By definition, that implies Eastlake ranks as the #110 most expensive place in the Buckeye State.
For more reading on life in Eastlake, check out:
- Living In Eastlake
- Eastlake Crime Report
- Search Homes For Sale In Eastlake, OH
In Ohio
In America
Eastlake Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Eastlake. Here is how it fairs on each of the criteria:
The Services index in Eastlake is 99.
The Groceries index in Eastlake is 105.
The Health index in Eastlake is 110.
The Housing index in Eastlake is 72.
The Transportation index in Eastlake is 101.
The Utilities index in Eastlake is 96.
| Living Expense | Eastlake | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 93 | 91 | 100 | |
| Services | 99 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 110 | 95 | 100 | |
| Housing | 72 | 73 | 100 | |
| Transportation | 101 | 98 | 100 | |
| Utilities | 96 | 93 | 100 | |
Eastlake, OH Housing Cost Breakdown
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Eastlake is $137,100.
The Median Rent in Eastlake is $892.
The Median Income in Eastlake is $55,931.
The Home Value To Income in Eastlake is 2.5x.
The Rent To Monthly Income in Eastlake is 0.19x.
| Statistic | Eastlake | Ohio | United States |
|---|---|---|---|
| Median Home Value | $137,100 | $159,900 | $244,900 |
| Median Rent | $892 | $870 | $1,163 |
| Median Income | $55,931 | $61,938 | $69,021 |
| Home Value To Income | 2.5x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Eastlake, OH Costs By Category
Detailed Eastlake Services Costs Vs. Ohio
Detailed Eastlake Groceries Costs Vs. Ohio
Detailed Eastlake Health Costs Vs. Ohio
Detailed Eastlake Transportation Costs Vs. Ohio
Detailed Eastlake Utilities Costs Vs. Ohio
Eastlake SnackAbility
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Cost Of Living In Cities Around Eastlake
The cost of living varies in the cities and towns around Eastlake. Here's a quick look at the cost of living in the most populous nearby places:
Mentor, OH has a cost of living index of 98, 1.1x Eastlake.
Cleveland Heights, OH has a cost of living index of 92, 1.0x Eastlake.
Shaker Heights, OH has a cost of living index of 103, 1.1x Eastlake.
| City | Population | Cost Of Living | Vs. Eastlake |
|---|---|---|---|
| Mentor, OH | 47,369 | 98 | 1.1x |
| Cleveland Heights, OH | 45,267 | 92 | 1.0x |
| Shaker Heights, OH | 29,197 | 103 | 1.1x |
| Solon, OH | 24,070 | 114 | 1.2x |
| Willoughby, OH | 23,753 | 97 | 1.0x |
| Mayfield Heights, OH | 20,113 | 95 | 1.0x |
| Willowick, OH | 14,173 | 90 | 1.0x |
| Lyndhurst, OH | 13,980 | 95 | 1.0x |
| University Heights, OH | 13,950 | 96 | 1.0x |
| Beachwood, OH | 13,806 | 116 | 1.2x |
