Canfield, OH vs Newtown, OH

The cost of living difference between Canfield, OH and Newtown, OH is dramatic. Canfield is 33.4% cheaper than Newtown, a gap that translates to thousands of dollars per year in household expenses. Canfield has a cost index of 72 while Newtown sits at 109, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Canfield is $786/month compared to $1,626/month in Newtown — a 52% difference. Home values follow the same pattern: Canfield is more affordable at $225,100 median vs $321,700.

Median household income in Canfield is $97,730 compared to $97,917 in Newtown (-0.2%). Newtown does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Canfield spend roughly 9.7% of their income on rent, less than the 19.9% in Newtown.