Lima, OH vs Wilmington, OH
Lima is moderately more affordable than Wilmington, with a 11.9% lower cost of living index. Lima scores 65 compared to 74 for Wilmington, where the US average is 100. This difference means residents of Wilmington can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lima is $865/month compared to $925/month in Wilmington — a 7% difference. Home values follow the same pattern: Lima is more affordable at $95,900 median vs $162,700.
Median household income in Lima is $43,370 compared to $52,661 in Wilmington (-17.6%). While Wilmington 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 21.1% in Wilmington.
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