Guilford Lake, OH vs Waldo, OH

Waldo is moderately more affordable than Guilford Lake, with a 5.2% lower cost of living index. Guilford Lake scores 78 compared to 74 for Waldo, where the US average is 100. This difference means residents of Guilford Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Guilford Lake is $920/month compared to $950/month in Waldo — a 3% difference. Interestingly, home values tell a different story: while Guilford Lake has cheaper rent, Waldo actually has lower median home values ($149,100 vs $219,300).

Median household income in Guilford Lake is $61,196 compared to $72,083 in Waldo (-15.1%). Waldo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Guilford Lake spend roughly 18% of their income on rent, more than the 15.8% in Waldo.