Montgomery, OH vs New Lebanon, OH

The cost of living difference between Montgomery, OH and New Lebanon, OH is dramatic. New Lebanon is 75.2% cheaper than Montgomery, a gap that translates to thousands of dollars per year in household expenses. Montgomery has a cost index of 120 while New Lebanon sits at 69, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Montgomery is $1,507/month compared to $903/month in New Lebanon — a 67% difference. Home values follow the same pattern: New Lebanon is more affordable at $108,200 median vs $505,800.

Median household income in Montgomery is $148,438 compared to $64,286 in New Lebanon (+130.9%). While Montgomery is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montgomery spend roughly 12.2% of their income on rent, less than the 16.9% in New Lebanon.