Belmont, PA vs Ellwood City, PA

Belmont is moderately more affordable than Ellwood City, with a 6.1% lower cost of living index. Belmont scores 64 compared to 68 for Ellwood City, where the US average is 100. This difference means residents of Ellwood City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Belmont is $693/month compared to $836/month in Ellwood City — a 17% difference. Interestingly, home values tell a different story: while Belmont has cheaper rent, Ellwood City actually has lower median home values ($120,400 vs $148,600).

Median household income in Belmont is $57,132 compared to $62,266 in Ellwood City (-8.2%). While Ellwood City 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 14.6% of their income on rent, less than the 16.1% in Ellwood City.