Magnolia, OH vs New Alexandria, OH

Magnolia, OH and New Alexandria, OH have a very similar cost of living, with only a 0.7% difference in their overall index. Magnolia scores 64 while New Alexandria scores 64 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 Magnolia is $689/month compared to $840/month in New Alexandria — a 18% difference. Interestingly, home values tell a different story: while Magnolia has cheaper rent, New Alexandria actually has lower median home values ($88,100 vs $150,000).

Median household income in Magnolia is $73,214 compared to $72,083 in New Alexandria (+1.6%). While Magnolia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Magnolia spend roughly 11.3% of their income on rent, less than the 14% in New Alexandria.

Climate-wise, both cities share similar average temperatures (51.8°F vs 52.2°F). Magnolia receives more rainfall at 38.7" per year compared to 37.6" in New Alexandria.