Ashland, OH vs South Lebanon, OH
There is a significant gap in the cost of living between these two cities. Ashland is 26.2% cheaper than South Lebanon. With a cost index of 68 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ashland to South Lebanon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ashland is $840/month compared to $1,086/month in South Lebanon — a 23% difference. Home values follow the same pattern: Ashland is more affordable at $146,100 median vs $315,800.
Median household income in Ashland is $57,310 compared to $110,729 in South Lebanon (-48.2%). While South Lebanon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ashland spend roughly 17.6% of their income on rent, more than the 11.8% in South Lebanon.
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