Elmore, OH vs New Lexington, OH

Elmore, OH and New Lexington, OH have a very similar cost of living, with only a 4.7% difference in their overall index. Elmore scores 64 while New Lexington scores 61 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 Elmore is $667/month compared to $620/month in New Lexington — a 8% difference. Home values follow the same pattern: New Lexington is more affordable at $114,000 median vs $155,700.

Median household income in Elmore is $85,474 compared to $43,447 in New Lexington (+96.7%). While Elmore is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elmore spend roughly 9.4% of their income on rent, less than the 17.1% in New Lexington.