New London, OH vs Ottoville, OH

New London is moderately more affordable than Ottoville, with a 14% lower cost of living index. New London scores 65 compared to 76 for Ottoville, where the US average is 100. This difference means residents of Ottoville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New London is $819/month compared to $870/month in Ottoville — a 6% difference. Home values follow the same pattern: New London is more affordable at $98,400 median vs $231,700.

Median household income in New London is $47,935 compared to $75,667 in Ottoville (-36.7%). While Ottoville 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 London spend roughly 20.5% of their income on rent, more than the 13.8% in Ottoville.