Dennison, OH vs New Madison, OH

Dennison is moderately more affordable than New Madison, with a 5.2% lower cost of living index. Dennison scores 63 compared to 67 for New Madison, where the US average is 100. This difference means residents of New Madison can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dennison is $806/month compared to $850/month in New Madison — a 5% difference. Home values follow the same pattern: Dennison is more affordable at $95,200 median vs $107,800.

Median household income in Dennison is $51,949 compared to $64,688 in New Madison (-19.7%). While New Madison is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dennison spend roughly 18.6% of their income on rent, more than the 15.8% in New Madison.