Cost of Living in Beachwood, OH

Population 13,850 · Ohio · Data vintage 2023

134
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Beachwood sits on the smaller end of the Ohio city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Geographically, Beachwood sits roughly 9 miles east of Cleveland. Median home values run roughly 306% higher than Cleveland's $94,000.

Cost Overview

Housing 125
Rent 148

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Beachwood

The median home value in Beachwood is $381,600 — 25% above the national median of $305,000. Median rent runs $1,941/month, 48% higher than the national median of $1,314/month. The median household income of $102,798/year is 38% higher than the US median of $74,580. The local unemployment rate is 5.8%, above the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 58.9°F and lows of 45.8°F. Overall, Beachwood has a cost of living index of 134 versus the US average of 100, meaning it is 34% more expensive.

🏠 Housing

Median Home Value
$381,600
25% above avg
Zillow Home Value
$475,171
Zillow ZHVI
Median Rent
$1,941/mo
48% above avg
Zillow Rent
$2,100/mo
Zillow ZORI
Price-to-Rent Ratio
16.4x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 55.3%
Renter-occupied 44.7%

💰 Estimated Monthly Budget

Rent median rent
$1,941
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,555/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.8 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.5%

Commute Mode

Drove alone
65.1%
Carpooled
10.3%
Public transit
1.5%
Walked
3.6%
Bicycle
0.5%
Work from home
18.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$102,798
38% above avg
Per Capita Income
$68,540
Unemployment Rate
5.8%
21% above avg
Poverty Rate
3.5%
Labor Force Participation
63.0%

🎓 Education

Bachelor's degree+ 27.0%
Graduate degree 37.5%

👥 Demographics

Median Age 49.3
Male median age 45.9
Female median age 51

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.9°F
Avg Low
45.8°F
Annual Precip
33.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353745576877818074635140
Low °F 242531415363686760493830
Precip" 1.761.532.353.103.512.843.663.452.943.242.922.04

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 57 — Moderate
32.1%
Good air days/yr
234
Max AQI recorded
276
PM2.5 days
83
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
13.6:1
Student-teacher ratio
5
Public schools
1,682
Total enrollment

Frequently Asked Questions

What is the cost of living in Beachwood, OH?

Beachwood has a cost index of 134 (100 = national average). It is 34% above the national average.

What is average rent in Beachwood, OH?

The median gross rent in Beachwood is $1,941 per month based on 2023 Census data.

What is the average home price in Beachwood?

The median home value in Beachwood is $381,600 according to Zillow and Census data.

What is the median income in Beachwood?

The median household income in Beachwood is $102,798 per year (2023 ACS 5-year estimates).

What is the sales tax in Beachwood, OH?

The combined state and local sales tax rate in Beachwood is 7.2%. The Ohio state income tax top rate is 3.8%.

Is Beachwood, OH affordable?

Beachwood is above average in cost of living, with an index of 134 — about 34% higher than the national average.

What is the weather like in Beachwood?

Beachwood has average high temperatures of 58.9°F and average lows of 45.8°F. Annual precipitation is 33.3". Data from NOAA 1991–2020 Climate Normals.

Beachwood at a Glance

Population
13,850
Median Income
$102,798
Home Value
$381,600
Median Rent
$1,941/mo
Unemployment
5.8%
Avg High Temp
58.9°F
Sales Tax
7.2%
View all cities in Ohio →
🗺️ County data for Ohio

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs