Folsom, PA vs Lima, PA

There is a significant gap in the cost of living between these two cities. Folsom is 26.5% cheaper than Lima. With a cost index of 101 vs 137, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Folsom to Lima should plan for substantially higher expenses across most categories.

On the housing front, median rent in Folsom is $1,421/month compared to $2,343/month in Lima — a 39% difference. Home values follow the same pattern: Folsom is more affordable at $268,500 median vs $372,300.

Median household income in Folsom is $100,544 compared to $76,953 in Lima (+30.7%). Folsom offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Folsom spend roughly 17% of their income on rent, less than the 36.5% in Lima. The Folsom ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.