Malta, OH vs Peebles, OH

Malta, OH and Peebles, OH have a very similar cost of living, with only a 2.8% difference in their overall index. Malta scores 63 while Peebles scores 65 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 Malta is $755/month compared to $709/month in Peebles — a 7% difference. Interestingly, home values tell a different story: while Peebles has cheaper rent, Malta actually has lower median home values ($98,300 vs $137,900).

Median household income in Malta is $35,833 compared to $51,813 in Peebles (-30.8%). While Peebles is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Malta spend roughly 25.3% of their income on rent, more than the 16.4% in Peebles.