Bedford, OH vs Lima, OH
There is a significant gap in the cost of living between these two cities. Lima is 15.7% cheaper than Bedford. With a cost index of 65 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lima to Bedford should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bedford is $1,061/month compared to $865/month in Lima — a 23% difference. Home values follow the same pattern: Lima is more affordable at $95,900 median vs $124,900.
Median household income in Bedford is $56,563 compared to $43,370 in Lima (+30.4%). While Bedford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bedford spend roughly 22.5% of their income on rent, less than the 23.9% in Lima.
Climate-wise, both cities share similar average temperatures (52.3°F vs 51.4°F). Lima receives more rainfall at 35.8" per year compared to 33.3" in Bedford.
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