New Carlisle, OH vs Woodville, OH

New Carlisle, OH and Woodville, OH have a very similar cost of living, with only a 2.4% difference in their overall index. New Carlisle scores 65 while Woodville scores 64 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 New Carlisle is $820/month compared to $578/month in Woodville — a 42% difference. Interestingly, home values tell a different story: while Woodville has cheaper rent, New Carlisle actually has lower median home values ($111,900 vs $181,600).

Median household income in New Carlisle is $61,483 compared to $82,813 in Woodville (-25.8%). Woodville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Carlisle spend roughly 16% of their income on rent, more than the 8.4% in Woodville.