Bedford, OH vs Coldwater, OH
Bedford, OH and Coldwater, OH have a very similar cost of living, with only a 1.2% difference in their overall index. Bedford scores 75 while Coldwater scores 74 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 Bedford is $1,061/month compared to $800/month in Coldwater — a 33% difference. Interestingly, home values tell a different story: while Coldwater has cheaper rent, Bedford actually has lower median home values ($124,900 vs $215,700).
Median household income in Bedford is $56,563 compared to $77,730 in Coldwater (-27.2%). Coldwater offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bedford spend roughly 22.5% of their income on rent, more than the 12.4% in Coldwater.
Climate-wise, both cities share similar average temperatures (52.3°F vs 51.4°F). Coldwater receives more rainfall at 35.8" per year compared to 33.3" in Bedford.
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