Caldwell, OH vs Canal Lewisville, OH
There is a significant gap in the cost of living between these two cities. Caldwell is 21.6% cheaper than Canal Lewisville. With a cost index of 60 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caldwell to Canal Lewisville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caldwell is $608/month compared to $1,307/month in Canal Lewisville — a 54% difference. Interestingly, home values tell a different story: while Caldwell has cheaper rent, Canal Lewisville actually has lower median home values ($57,300 vs $114,000).
Median household income in Caldwell is $49,032 compared to $74,327 in Canal Lewisville (-34%). While Canal Lewisville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caldwell spend roughly 14.9% of their income on rent, less than the 21.1% in Canal Lewisville.
Climate-wise, both cities share similar average temperatures (52.9°F vs 52.9°F). Canal Lewisville receives more rainfall at 38.6" per year compared to 38.6" in Caldwell.
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Climate
NOAA 30-year normals (1991-2020)