Lakemore, OH vs New Holland, OH

New Holland is moderately more affordable than Lakemore, with a 10.5% lower cost of living index. Lakemore scores 77 compared to 70 for New Holland, where the US average is 100. This difference means residents of Lakemore can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lakemore is $1,073/month compared to $836/month in New Holland — a 28% difference. Home values follow the same pattern: New Holland is more affordable at $134,800 median vs $143,700.

Median household income in Lakemore is $54,836 compared to $51,544 in New Holland (+6.4%). The higher salaries in Lakemore partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lakemore spend roughly 23.5% of their income on rent, more than the 19.5% in New Holland.

Climate-wise, both cities share similar average temperatures (52.3°F vs 52.6°F). New Holland receives more rainfall at 42.4" per year compared to 32.5" in Lakemore.