Beverly, OH vs New Lexington, OH

New Lexington is moderately more affordable than Beverly, with a 8.7% lower cost of living index. Beverly scores 67 compared to 61 for New Lexington, where the US average is 100. This difference means residents of Beverly can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beverly is $706/month compared to $620/month in New Lexington — a 14% difference. Home values follow the same pattern: New Lexington is more affordable at $114,000 median vs $159,400.

Median household income in Beverly is $47,446 compared to $43,447 in New Lexington (+9.2%). While Beverly is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beverly spend roughly 17.9% of their income on rent, more than the 17.1% in New Lexington.