Mount Gilead, OH vs New Holland, OH

Mount Gilead, OH and New Holland, OH have a very similar cost of living, with only a 0.5% difference in their overall index. Mount Gilead scores 70 while New Holland scores 70 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 Mount Gilead is $790/month compared to $836/month in New Holland — a 6% difference. Interestingly, home values tell a different story: while Mount Gilead has cheaper rent, New Holland actually has lower median home values ($134,800 vs $156,200).

Median household income in Mount Gilead is $49,536 compared to $51,544 in New Holland (-3.9%). New Holland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mount Gilead spend roughly 19.1% of their income on rent, less than the 19.5% in New Holland.

Climate-wise, both cities share similar average temperatures (50.8°F vs 52.6°F). New Holland receives more rainfall at 42.4" per year compared to 37.6" in Mount Gilead.