New Lexington, OH vs Shreve, OH

New Lexington is moderately more affordable than Shreve, with a 7.2% lower cost of living index. New Lexington scores 61 compared to 66 for Shreve, where the US average is 100. This difference means residents of Shreve can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Lexington is $620/month compared to $758/month in Shreve — a 18% difference. Home values follow the same pattern: New Lexington is more affordable at $114,000 median vs $133,200.

Median household income in New Lexington is $43,447 compared to $66,011 in Shreve (-34.2%). While Shreve 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 Lexington spend roughly 17.1% of their income on rent, more than the 13.8% in Shreve.