Lockington, OH vs Newport CDP (Shelby County), OH
There is a significant gap in the cost of living between these two cities. Lockington is 24.6% cheaper than Newport CDP (Shelby County). With a cost index of 73 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lockington to Newport CDP (Shelby County) should plan for substantially higher expenses across most categories.
Median household income in Lockington is $55,750 compared to $57,321 in Newport CDP (Shelby County) (-2.7%). Newport CDP (Shelby County) does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area