Guilford Lake, OH vs Loudonville, OH
There is a significant gap in the cost of living between these two cities. Loudonville is 19.6% cheaper than Guilford Lake. With a cost index of 65 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Loudonville to Guilford Lake should plan for substantially higher expenses across most categories.
On the housing front, median rent in Guilford Lake is $920/month compared to $683/month in Loudonville — a 35% difference. Home values follow the same pattern: Loudonville is more affordable at $151,400 median vs $219,300.
Median household income in Guilford Lake is $61,196 compared to $54,508 in Loudonville (+12.3%). The higher salaries in Guilford Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Guilford Lake spend roughly 18% of their income on rent, more than the 15% in Loudonville.
Climate-wise, both cities share similar average temperatures (51.7°F vs 50.2°F). Guilford Lake receives more rainfall at 41.6" per year compared to 41.3" in Loudonville.
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Climate
NOAA 30-year normals (1991-2020)