La Croft, OH vs New Richmond, OH

La Croft is moderately more affordable than New Richmond, with a 6.4% lower cost of living index. La Croft scores 72 compared to 76 for New Richmond, where the US average is 100. This difference means residents of New Richmond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in La Croft is $1,076/month compared to $834/month in New Richmond — a 29% difference. Interestingly, home values tell a different story: while New Richmond has cheaper rent, La Croft actually has lower median home values ($82,300 vs $221,100).

Median household income in La Croft is $51,650 compared to $79,195 in New Richmond (-34.8%). 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 La Croft spend roughly 25% of their income on rent, more than the 12.6% in New Richmond.