Independence, OH vs Newtown, OH

Independence, OH and Newtown, OH have a very similar cost of living, with only a 3.8% difference in their overall index. Independence scores 104 while Newtown scores 109 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 Independence is $1,547/month compared to $1,626/month in Newtown — a 5% difference. Home values follow the same pattern: Independence is more affordable at $305,500 median vs $321,700.

Median household income in Independence is $114,049 compared to $97,917 in Newtown (+16.5%). Independence offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Independence spend roughly 16.3% of their income on rent, less than the 19.9% in Newtown.