Belmont, OH vs Geneva-on-the-Lake, OH

Geneva-on-the-Lake is moderately more affordable than Belmont, with a 8.6% lower cost of living index. Belmont scores 72 compared to 66 for Geneva-on-the-Lake, where the US average is 100. This difference means residents of Belmont can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Belmont is $1,083/month compared to $775/month in Geneva-on-the-Lake — a 40% difference. Interestingly, home values tell a different story: while Geneva-on-the-Lake has cheaper rent, Belmont actually has lower median home values ($96,300 vs $123,500).

Median household income in Belmont is $63,929 compared to $45,655 in Geneva-on-the-Lake (+40%). While Belmont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belmont spend roughly 20.3% of their income on rent, less than the 20.4% in Geneva-on-the-Lake.

Climate-wise, Belmont is notably warmer with an average of 52.2°F compared to 48.9°F in Geneva-on-the-Lake. Belmont receives more rainfall at 37.6" per year compared to 37.1" in Geneva-on-the-Lake.