Amherst, OH vs Lima, OH
There is a significant gap in the cost of living between these two cities. Lima is 17.4% cheaper than Amherst. With a cost index of 65 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lima to Amherst should plan for substantially higher expenses across most categories.
On the housing front, median rent in Amherst is $832/month compared to $865/month in Lima — a 4% difference. Interestingly, home values tell a different story: while Amherst has cheaper rent, Lima actually has lower median home values ($95,900 vs $222,700).
Median household income in Amherst is $93,043 compared to $43,370 in Lima (+114.5%). While Amherst is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Amherst spend roughly 10.7% of their income on rent, less than the 23.9% in Lima.
Climate-wise, both cities share similar average temperatures (50.2°F vs 51.4°F). Amherst receives more rainfall at 36.7" per year compared to 35.8" in Lima.
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NOAA 30-year normals (1991-2020)