New Boston, OH vs Rio Grande, OH

New Boston is moderately more affordable than Rio Grande, with a 12.3% lower cost of living index. New Boston scores 55 compared to 63 for Rio Grande, where the US average is 100. This difference means residents of Rio Grande can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Boston is $601/month compared to $514/month in Rio Grande — a 17% difference. Interestingly, home values tell a different story: while Rio Grande has cheaper rent, New Boston actually has lower median home values ($55,900 vs $181,600).

Median household income in New Boston is $25,759 compared to $40,721 in Rio Grande (-36.7%). While Rio Grande 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 15.1% in Rio Grande.