Derby, OH vs Ludlow Falls, OH

Derby, OH and Ludlow Falls, OH have a very similar cost of living, with only a 3.7% difference in their overall index. Derby scores 71 while Ludlow Falls scores 69 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Derby is $847/month compared to $935/month in Ludlow Falls — a 9% difference. Interestingly, home values tell a different story: while Derby has cheaper rent, Ludlow Falls actually has lower median home values ($99,400 vs $153,600).

Median household income in Derby is $31,985 compared to $63,750 in Ludlow Falls (-49.8%). Ludlow 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 Derby spend roughly 31.8% of their income on rent, more than the 17.6% in Ludlow Falls. The Ludlow Falls ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (52.4°F vs 53.9°F). Ludlow Falls receives more rainfall at 41.3" per year compared to 35.8" in Derby.