New Boston, OH vs New Madison, OH

There is a significant gap in the cost of living between these two cities. New Boston is 17.7% cheaper than New Madison. With a cost index of 55 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Boston to New Madison should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Boston is $601/month compared to $850/month in New Madison — a 29% difference. Home values follow the same pattern: New Boston is more affordable at $55,900 median vs $107,800.

Median household income in New Boston is $25,759 compared to $64,688 in New Madison (-60.2%). While New Madison 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 Boston spend roughly 28% of their income on rent, more than the 15.8% in New Madison.