Adena, OH vs Spencerville, OH
Adena, OH and Spencerville, OH have a very similar cost of living, with only a 2.7% difference in their overall index. Adena scores 66 while Spencerville scores 68 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 Adena is $990/month compared to $848/month in Spencerville — a 17% difference. Interestingly, home values tell a different story: while Spencerville has cheaper rent, Adena actually has lower median home values ($61,700 vs $141,700).
Median household income in Adena is $47,500 compared to $49,938 in Spencerville (-4.9%). While Spencerville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Adena spend roughly 25% of their income on rent, more than the 20.4% in Spencerville.
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