Lancaster, OH vs New Franklin, OH

Lancaster, OH and New Franklin, OH have a very similar cost of living, with only a 4.7% difference in their overall index. Lancaster scores 78 while New Franklin scores 82 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 Lancaster is $999/month compared to $1,101/month in New Franklin — a 9% difference. Home values follow the same pattern: Lancaster is more affordable at $180,200 median vs $196,600.

Median household income in Lancaster is $54,901 compared to $88,306 in New Franklin (-37.8%). While New Franklin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lancaster spend roughly 21.8% of their income on rent, more than the 15% in New Franklin.

Climate-wise, both cities share similar average temperatures (52.2°F vs 51.7°F). New Franklin receives more rainfall at 41.6" per year compared to 40.3" in Lancaster.