Leesburg, OH vs Phillipsburg, OH
Leesburg is moderately more affordable than Phillipsburg, with a 5.9% lower cost of living index. Leesburg scores 66 compared to 70 for Phillipsburg, where the US average is 100. This difference means residents of Phillipsburg can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Leesburg is $740/month compared to $950/month in Phillipsburg — a 22% difference. Interestingly, home values tell a different story: while Leesburg has cheaper rent, Phillipsburg actually has lower median home values ($107,400 vs $136,900).
Median household income in Leesburg is $69,271 compared to $70,750 in Phillipsburg (-2.1%). Phillipsburg does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Leesburg spend roughly 12.8% of their income on rent, less than the 16.1% in Phillipsburg.
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