Cost of Living in Sheffield, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
151.2
100 = national avg
+51.2 vs national average
Living Wage (1 Adult)
$66,514
per year
Living Wage (Family of 4)
$157,215
per year
Cost Index by Category
Housing170.3
Food128.3
Transportation156.5
Healthcare122.6
Utilities131.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,058
per month
2 Bedroom
$1,279
per month
The overall cost of living index in Sheffield is 151.2, which is 51.2% above the national average. Housing costs are above the national average at an index of 170.3. A single adult needs to earn approximately $66,514 per year to cover basic expenses.