Elmore, OH vs Lake Milton, OH
There is a significant gap in the cost of living between these two cities. Elmore is 26.2% cheaper than Lake Milton. With a cost index of 64 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elmore to Lake Milton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Elmore is $667/month compared to $817/month in Lake Milton — a 18% difference. Home values follow the same pattern: Elmore is more affordable at $155,700 median vs $391,200.
Median household income in Elmore is $85,474 compared to $94,000 in Lake Milton (-9.1%). Lake Milton does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Elmore spend roughly 9.4% of their income on rent, less than the 10.4% in Lake Milton.
Climate-wise, both cities share similar average temperatures (51.4°F vs 49.9°F). Lake Milton receives more rainfall at 41.2" per year compared to 32.4" in Elmore.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)