New Lebanon, OH vs Urbana, OH

New Lebanon, OH and Urbana, OH have a very similar cost of living, with only a 3.1% difference in their overall index. New Lebanon scores 69 while Urbana scores 71 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 Lebanon is $903/month compared to $911/month in Urbana — a 1% difference. Home values follow the same pattern: New Lebanon is more affordable at $108,200 median vs $147,300.

Median household income in New Lebanon is $64,286 compared to $66,768 in Urbana (-3.7%). While Urbana 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 Lebanon spend roughly 16.9% of their income on rent, more than the 16.4% in Urbana.