Hamilton, OH vs Lima, OH
There is a significant gap in the cost of living between these two cities. Lima is 15.8% cheaper than Hamilton. With a cost index of 65 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lima to Hamilton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hamilton is $974/month compared to $865/month in Lima — a 13% difference. Home values follow the same pattern: Lima is more affordable at $95,900 median vs $152,300.
Median household income in Hamilton is $54,293 compared to $43,370 in Lima (+25.2%). While Hamilton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hamilton spend roughly 21.5% of their income on rent, less than the 23.9% in Lima.
Climate-wise, both cities share similar average temperatures (53.8°F vs 51.4°F). Hamilton receives more rainfall at 41.4" per year compared to 35.8" in Lima.
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Climate
NOAA 30-year normals (1991-2020)