Ludlow Falls, OH vs Oakwood village (Paulding County), OH

There is a significant gap in the cost of living between these two cities. Oakwood village (Paulding County) is 25.4% cheaper than Ludlow Falls. With a cost index of 55 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakwood village (Paulding County) to Ludlow Falls should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ludlow Falls is $935/month compared to $538/month in Oakwood village (Paulding County) — a 74% difference. Home values follow the same pattern: Oakwood village (Paulding County) is more affordable at $78,900 median vs $99,400.

Median household income in Ludlow Falls is $63,750 compared to $46,528 in Oakwood village (Paulding County) (+37%). While Ludlow Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ludlow Falls spend roughly 17.6% of their income on rent, more than the 13.9% in Oakwood village (Paulding County).