London, OH vs Wooster, OH
London, OH and Wooster, OH have a very similar cost of living, with only a 2.1% difference in their overall index. London scores 77 while Wooster scores 75 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in London is $912/month compared to $882/month in Wooster — a 3% difference. Interestingly, home values tell a different story: while Wooster has cheaper rent, London actually has lower median home values ($194,800 vs $198,400).
Median household income in London is $60,364 compared to $65,888 in Wooster (-8.4%). Wooster offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of London spend roughly 18.1% of their income on rent, more than the 16.1% in Wooster.
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