Ada, OH vs Shreve, OH
Ada, OH and Shreve, OH have a very similar cost of living, with only a 0.1% difference in their overall index. Ada scores 66 while Shreve scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Ada is $757/month compared to $758/month in Shreve — a 0% difference. Interestingly, home values tell a different story: while Ada has cheaper rent, Shreve actually has lower median home values ($133,200 vs $150,700).
Median household income in Ada is $57,863 compared to $66,011 in Shreve (-12.3%). While Shreve is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ada spend roughly 15.7% of their income on rent, more than the 13.8% in Shreve.
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