Edgewood, OH vs Lake Lorelei, OH
There is a significant gap in the cost of living between these two cities. Edgewood is 28.6% cheaper than Lake Lorelei. With a cost index of 68 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgewood to Lake Lorelei should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Edgewood are $105,200 compared to $267,800 in Lake Lorelei, a 61% gap.
Median household income in Edgewood is $57,614 compared to $109,427 in Lake Lorelei (-47.3%). While Lake Lorelei is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, Lake Lorelei is notably warmer with an average of 52.6°F compared to 48.9°F in Edgewood. Lake Lorelei receives more rainfall at 42.4" per year compared to 37.1" in Edgewood.
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