Athens, OH vs North Madison, OH
North Madison is moderately more affordable than Athens, with a 6.5% lower cost of living index. Athens scores 83 compared to 78 for North Madison, where the US average is 100. This difference means residents of Athens can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Athens is $1,029/month compared to $1,109/month in North Madison — a 7% difference. Interestingly, home values tell a different story: while Athens has cheaper rent, North Madison actually has lower median home values ($146,200 vs $242,200).
Median household income in Athens is $37,059 compared to $60,875 in North Madison (-39.1%). North Madison offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Athens spend roughly 33.3% of their income on rent, more than the 21.9% in North Madison. The North Madison ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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