Centerville, OH vs Olmsted Falls, OH

Olmsted Falls is moderately more affordable than Centerville, with a 5.8% lower cost of living index. Centerville scores 90 compared to 85 for Olmsted Falls, where the US average is 100. This difference means residents of Centerville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Centerville is $1,182/month compared to $1,142/month in Olmsted Falls — a 4% difference. Home values follow the same pattern: Olmsted Falls is more affordable at $214,800 median vs $262,300.

Median household income in Centerville is $81,500 compared to $93,907 in Olmsted Falls (-13.2%). Olmsted Falls offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Centerville spend roughly 17.4% of their income on rent, more than the 14.6% in Olmsted Falls.