New Knoxville, OH vs Wilkshire Hills, OH

New Knoxville is moderately more affordable than Wilkshire Hills, with a 6.2% lower cost of living index. New Knoxville scores 72 compared to 76 for Wilkshire Hills, where the US average is 100. This difference means residents of Wilkshire Hills can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Knoxville is $840/month compared to $797/month in Wilkshire Hills — a 5% difference. Interestingly, home values tell a different story: while Wilkshire Hills has cheaper rent, New Knoxville actually has lower median home values ($171,700 vs $259,000).

Median household income in New Knoxville is $79,375 compared to $66,219 in Wilkshire Hills (+19.9%). New Knoxville 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 Knoxville spend roughly 12.7% of their income on rent, less than the 14.4% in Wilkshire Hills.