Elizabethtown, OH vs Philo, OH

Philo is moderately more affordable than Elizabethtown, with a 7.2% lower cost of living index. Elizabethtown scores 68 compared to 64 for Philo, where the US average is 100. This difference means residents of Elizabethtown can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elizabethtown is $1,132/month compared to $760/month in Philo — a 49% difference. Interestingly, home values tell a different story: while Philo has cheaper rent, Elizabethtown actually has lower median home values ($11,200 vs $103,500).

Median household income in Elizabethtown is $25,625 compared to $45,833 in Philo (-44.1%). Philo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elizabethtown spend roughly 53% of their income on rent, more than the 19.9% in Philo. The Philo ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.