New Alexandria, OH vs New Knoxville, OH
New Alexandria is moderately more affordable than New Knoxville, with a 11% lower cost of living index. New Alexandria scores 64 compared to 72 for New Knoxville, where the US average is 100. This difference means residents of New Knoxville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in New Alexandria is $840/month compared to $840/month in New Knoxville — a 0% difference. Interestingly, home values tell a different story: while New Knoxville has cheaper rent, New Alexandria actually has lower median home values ($88,100 vs $171,700).
Median household income in New Alexandria is $72,083 compared to $79,375 in New Knoxville (-9.2%). The higher salaries in New Knoxville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of New Alexandria spend roughly 14% of their income on rent, more than the 12.7% in New Knoxville.
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