Bellevue, OH vs New Richmond, OH
There is a significant gap in the cost of living between these two cities. Bellevue is 16.2% cheaper than New Richmond. With a cost index of 64 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bellevue to New Richmond should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bellevue is $733/month compared to $834/month in New Richmond — a 12% difference. Home values follow the same pattern: Bellevue is more affordable at $130,100 median vs $221,100.
Median household income in Bellevue is $57,534 compared to $79,195 in New Richmond (-27.4%). While New Richmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bellevue spend roughly 15.3% of their income on rent, more than the 12.6% in New Richmond.
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