Kenton, OH vs New Richmond, OH

There is a significant gap in the cost of living between these two cities. Kenton is 21.9% cheaper than New Richmond. With a cost index of 60 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kenton to New Richmond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Kenton is $642/month compared to $834/month in New Richmond — a 23% difference. Home values follow the same pattern: Kenton is more affordable at $98,100 median vs $221,100.

Median household income in Kenton is $47,667 compared to $79,195 in New Richmond (-39.8%). While New Richmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kenton spend roughly 16.2% of their income on rent, more than the 12.6% in New Richmond.