New Baltimore, OH vs Oakwood village (Paulding County), OH

The cost of living difference between New Baltimore, OH and Oakwood village (Paulding County), OH is dramatic. Oakwood village (Paulding County) is 65.4% cheaper than New Baltimore, a gap that translates to thousands of dollars per year in household expenses. New Baltimore has a cost index of 91 while Oakwood village (Paulding County) sits at 55, 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 New Baltimore is $995/month compared to $538/month in Oakwood village (Paulding County) — a 85% difference. Home values follow the same pattern: Oakwood village (Paulding County) is more affordable at $78,900 median vs $337,200.

Median household income in New Baltimore is $129,766 compared to $46,528 in Oakwood village (Paulding County) (+178.9%). While New Baltimore is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Baltimore spend roughly 9.2% of their income on rent, less than the 13.9% in Oakwood village (Paulding County).