Burbank, OH vs Ottoville, OH
Burbank, OH and Ottoville, OH have a very similar cost of living, with only a 2.5% difference in their overall index. Burbank scores 74 while Ottoville scores 76 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Burbank is $965/month compared to $870/month in Ottoville — a 11% difference. Interestingly, home values tell a different story: while Ottoville has cheaper rent, Burbank actually has lower median home values ($150,600 vs $231,700).
Median household income in Burbank is $68,750 compared to $75,667 in Ottoville (-9.1%). While Ottoville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Burbank spend roughly 16.8% of their income on rent, more than the 13.8% in Ottoville.
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