Fayette, OH vs South Solon, OH
Fayette, OH and South Solon, OH have a very similar cost of living, with only a 2.6% difference in their overall index. Fayette scores 62 while South Solon scores 64 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 Fayette is $750/month compared to $738/month in South Solon — a 2% difference. Interestingly, home values tell a different story: while South Solon has cheaper rent, Fayette actually has lower median home values ($92,300 vs $100,000).
Median household income in Fayette is $47,500 compared to $57,750 in South Solon (-17.7%). While South Solon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fayette spend roughly 18.9% of their income on rent, more than the 15.3% in South Solon.
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