Elmwood Place, OH vs Mount Healthy, OH
There is a significant gap in the cost of living between these two cities. Elmwood Place is 20.4% cheaper than Mount Healthy. With a cost index of 58 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elmwood Place to Mount Healthy should plan for substantially higher expenses across most categories.
On the housing front, median rent in Elmwood Place is $663/month compared to $968/month in Mount Healthy — a 32% difference. Home values follow the same pattern: Elmwood Place is more affordable at $58,300 median vs $126,200.
Median household income in Elmwood Place is $39,980 compared to $45,546 in Mount Healthy (-12.2%). The higher salaries in Mount Healthy partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elmwood Place spend roughly 19.9% of their income on rent, less than the 25.5% in Mount Healthy.
Climate-wise, both cities share similar average temperatures (54.8°F vs 53.8°F). Elmwood Place receives more rainfall at 43.4" per year compared to 41.4" in Mount Healthy.
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Climate
NOAA 30-year normals (1991-2020)