Edison, OH vs New Knoxville, OH

Edison is moderately more affordable than New Knoxville, with a 6.3% lower cost of living index. Edison scores 67 compared to 72 for New Knoxville, where the US average is 100. This difference means residents of New Knoxville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edison is $767/month compared to $840/month in New Knoxville — a 9% difference. Home values follow the same pattern: Edison is more affordable at $131,300 median vs $171,700.

Median household income in Edison is $46,250 compared to $79,375 in New Knoxville (-41.7%). While New Knoxville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edison spend roughly 19.9% of their income on rent, more than the 12.7% in New Knoxville.