Lima, OH vs Loveland, OH

The cost of living difference between Lima, OH and Loveland, OH is dramatic. Lima is 30.7% cheaper than Loveland, a gap that translates to thousands of dollars per year in household expenses. Lima has a cost index of 65 while Loveland sits at 93, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lima is $865/month compared to $1,170/month in Loveland — a 26% difference. Home values follow the same pattern: Lima is more affordable at $95,900 median vs $305,200.

Median household income in Lima is $43,370 compared to $86,793 in Loveland (-50%). While Loveland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lima spend roughly 23.9% of their income on rent, more than the 16.2% in Loveland.

Climate-wise, Loveland is notably warmer with an average of 54.8°F compared to 51.4°F in Lima. Loveland receives more rainfall at 43.4" per year compared to 35.8" in Lima.