Lincoln Village, OH vs Loudonville, OH
There is a significant gap in the cost of living between these two cities. Loudonville is 17.8% cheaper than Lincoln Village. With a cost index of 65 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Loudonville to Lincoln Village should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lincoln Village is $1,013/month compared to $683/month in Loudonville — a 48% difference. Home values follow the same pattern: Loudonville is more affordable at $151,400 median vs $158,700.
Median household income in Lincoln Village is $55,849 compared to $54,508 in Loudonville (+2.5%). Lincoln Village 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 Lincoln Village spend roughly 21.8% of their income on rent, more than the 15% in Loudonville.
Climate-wise, both cities share similar average temperatures (52.4°F vs 50.2°F). Loudonville receives more rainfall at 41.3" per year compared to 35.8" in Lincoln Village.
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