Cost of Living in Shaker Heights, OH

Population 29,004 · Ohio · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Shaker Heights cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $288,000, rents near $1,149 a month.

Shaker Heights sits roughly 7 miles east of Cleveland — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 206% higher than Cleveland's $94,000.

Cost Overview

Housing 94
Rent 87

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

About the Cost of Living in Shaker Heights

The median home value in Shaker Heights is $288,000 — 6% below the national median of $305,000. Median rent runs $1,149/month, 13% lower than the national median of $1,314/month. The median household income of $97,721/year is 31% higher than the US median of $74,580. The local unemployment rate is 4.9%, 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, Shaker Heights has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$288,000
6% below avg
Zillow Home Value
$335,828
Zillow ZHVI
Median Rent
$1,149/mo
13% below avg
Zillow Rent
$1,839/mo
Zillow ZORI
Price-to-Rent Ratio
20.9x
Favors renting
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 60.2%
Renter-occupied 39.8%

💰 Estimated Monthly Budget

Rent median rent
$1,149
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,763/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
24.8 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.0%

Commute Mode

Drove alone
68.8%
Carpooled
6.1%
Public transit
4.3%
Walked
1.3%
Bicycle
0.5%
Work from home
18.0%

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
$97,721
31% above avg
Per Capita Income
$70,448
Unemployment Rate
4.9%
1% above avg
Poverty Rate
7.1%
Labor Force Participation
66.6%

🎓 Education

Bachelor's degree+ 28.0%
Graduate degree 41.6%

👥 Demographics

Median Age 42
Male median age 40
Female median age 42.9

🌤 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

87%
4-Year Graduation Rate
15.3:1
Student-teacher ratio
8
Public schools
4,901
Total enrollment

Frequently Asked Questions

What is the cost of living in Shaker Heights, OH?

Shaker Heights has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Shaker Heights, OH?

The median gross rent in Shaker Heights is $1,149 per month based on 2023 Census data.

What is the average home price in Shaker Heights?

The median home value in Shaker Heights is $288,000 according to Zillow and Census data.

What is the median income in Shaker Heights?

The median household income in Shaker Heights is $97,721 per year (2023 ACS 5-year estimates).

What is the sales tax in Shaker Heights, OH?

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

Is Shaker Heights, OH affordable?

Shaker Heights is near the national average in terms of cost of living, with an index of 92 (100 = US average).

What is the weather like in Shaker Heights?

Shaker Heights 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.

Shaker Heights at a Glance

Population
29,004
Median Income
$97,721
Home Value
$288,000
Median Rent
$1,149/mo
Unemployment
4.9%
Avg High Temp
58.9°F
Sales Tax
7.2%
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