New Concord, OH vs Northridge, OH
New Concord is moderately more affordable than Northridge, with a 5.2% lower cost of living index. New Concord scores 73 compared to 77 for Northridge, where the US average is 100. This difference means residents of Northridge can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in New Concord is $824/month compared to $1,054/month in Northridge — a 22% difference. Interestingly, home values tell a different story: while New Concord has cheaper rent, Northridge actually has lower median home values ($171,700 vs $194,400).
Median household income in New Concord is $72,120 compared to $77,130 in Northridge (-6.5%). While Northridge 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 Concord spend roughly 13.7% of their income on rent, less than the 16.4% in Northridge.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area