Bedford, OH vs New Lexington, OH

There is a significant gap in the cost of living between these two cities. New Lexington is 22.3% cheaper than Bedford. With a cost index of 61 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Lexington 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 $620/month in New Lexington — a 71% difference. Home values follow the same pattern: New Lexington is more affordable at $114,000 median vs $124,900.

Median household income in Bedford is $56,563 compared to $43,447 in New Lexington (+30.2%). 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, more than the 17.1% in New Lexington.