Coldwater, OH vs Elmore, OH
There is a significant gap in the cost of living between these two cities. Elmore is 15.5% cheaper than Coldwater. With a cost index of 64 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elmore to Coldwater should plan for substantially higher expenses across most categories.
On the housing front, median rent in Coldwater is $800/month compared to $667/month in Elmore — a 20% difference. Home values follow the same pattern: Elmore is more affordable at $155,700 median vs $215,700.
Median household income in Coldwater is $77,730 compared to $85,474 in Elmore (-9.1%). Elmore offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Coldwater spend roughly 12.4% of their income on rent, more than the 9.4% in Elmore.
Climate-wise, both cities share similar average temperatures (51.4°F vs 51.4°F). Coldwater receives more rainfall at 35.8" per year compared to 32.4" in Elmore.
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