Madison, OH vs Reno, OH
Madison, OH and Reno, OH have a very similar cost of living, with only a 4.7% difference in their overall index. Madison scores 75 while Reno scores 72 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 Madison is $888/month compared to $797/month in Reno — a 11% difference. Home values follow the same pattern: Reno is more affordable at $188,100 median vs $190,900.
Median household income in Madison is $95,313 compared to $40,954 in Reno (+132.7%). While Madison is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madison spend roughly 11.2% of their income on rent, less than the 23.4% in Reno.
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