Loveland, OH vs New Lexington, OH

The cost of living difference between Loveland, OH and New Lexington, OH is dramatic. New Lexington is 52.6% cheaper than Loveland, a gap that translates to thousands of dollars per year in household expenses. Loveland has a cost index of 93 while New Lexington sits at 61, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Loveland is $1,170/month compared to $620/month in New Lexington — a 89% difference. Home values follow the same pattern: New Lexington is more affordable at $114,000 median vs $305,200.

Median household income in Loveland is $86,793 compared to $43,447 in New Lexington (+99.8%). While Loveland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Loveland spend roughly 16.2% of their income on rent, less than the 17.1% in New Lexington.