Euclid, OH vs New Philadelphia, OH

Euclid, OH and New Philadelphia, OH have a very similar cost of living, with only a 0.2% difference in their overall index. Euclid scores 72 while New Philadelphia scores 72 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 Euclid is $984/month compared to $866/month in New Philadelphia — a 14% difference. Interestingly, home values tell a different story: while New Philadelphia has cheaper rent, Euclid actually has lower median home values ($114,700 vs $164,600).

Median household income in Euclid is $48,696 compared to $60,932 in New Philadelphia (-20.1%). While New Philadelphia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Euclid spend roughly 24.2% of their income on rent, more than the 17.1% in New Philadelphia.