Lima, OH vs Monfort Heights, OH
There is a significant gap in the cost of living between these two cities. Lima is 18.8% cheaper than Monfort Heights. With a cost index of 65 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lima to Monfort Heights should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lima is $865/month compared to $971/month in Monfort Heights — a 11% difference. Home values follow the same pattern: Lima is more affordable at $95,900 median vs $211,500.
Median household income in Lima is $43,370 compared to $79,989 in Monfort Heights (-45.8%). While Monfort Heights 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 14.6% in Monfort Heights.
Climate-wise, Monfort Heights is notably warmer with an average of 54.7°F compared to 51.4°F in Lima. Monfort Heights receives more rainfall at 45.3" per year compared to 35.8" in Lima.
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