Lafayette, OH vs Midvale, OH
Lafayette, OH and Midvale, OH have a very similar cost of living, with only a 3.4% difference in their overall index. Lafayette scores 63 while Midvale scores 65 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 Lafayette is $743/month compared to $855/month in Midvale — a 13% difference. Interestingly, home values tell a different story: while Lafayette has cheaper rent, Midvale actually has lower median home values ($103,400 vs $121,700).
Median household income in Lafayette is $49,653 compared to $66,667 in Midvale (-25.5%). While Midvale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lafayette spend roughly 18% of their income on rent, more than the 15.4% in Midvale.
Climate-wise, both cities share similar average temperatures (51.4°F vs 51.8°F). Midvale receives more rainfall at 38.7" per year compared to 35.8" in Lafayette.
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