Lyons, OH vs New Miami, OH
Lyons is moderately more affordable than New Miami, with a 7.3% lower cost of living index. Lyons scores 68 compared to 73 for New Miami, where the US average is 100. This difference means residents of New Miami can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lyons is $821/month compared to $1,074/month in New Miami — a 24% difference. Interestingly, home values tell a different story: while Lyons has cheaper rent, New Miami actually has lower median home values ($93,000 vs $136,500).
Median household income in Lyons is $46,397 compared to $50,259 in New Miami (-7.7%). While New Miami is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lyons spend roughly 21.2% of their income on rent, less than the 25.6% in New Miami.
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