Drexel, OH vs Port Washington, OH
Drexel, OH and Port Washington, OH have a very similar cost of living, with only a 2.2% difference in their overall index. Drexel scores 66 while Port Washington scores 67 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 Drexel is $942/month compared to $846/month in Port Washington — a 11% difference. Interestingly, home values tell a different story: while Port Washington has cheaper rent, Drexel actually has lower median home values ($58,700 vs $115,000).
Median household income in Drexel is $43,691 compared to $60,625 in Port Washington (-27.9%). While Port Washington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Drexel spend roughly 25.9% of their income on rent, more than the 16.7% in Port Washington.
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