Ballville, OH vs Smithville, OH
Ballville, OH and Smithville, OH have a very similar cost of living, with only a 0.6% difference in their overall index. Ballville scores 77 while Smithville scores 76 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 Ballville is $1,003/month compared to $953/month in Smithville — a 5% difference. Interestingly, home values tell a different story: while Smithville has cheaper rent, Ballville actually has lower median home values ($185,100 vs $186,000).
Median household income in Ballville is $77,278 compared to $70,750 in Smithville (+9.2%). While Ballville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ballville spend roughly 15.6% of their income on rent, less than the 16.2% in Smithville.
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