New Miami, OH vs Ontario, OH

New Miami, OH and Ontario, OH have a very similar cost of living, with only a 3.5% difference in their overall index. New Miami scores 73 while Ontario scores 76 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 Miami is $1,074/month compared to $1,059/month in Ontario — a 1% difference. Interestingly, home values tell a different story: while Ontario has cheaper rent, New Miami actually has lower median home values ($93,000 vs $163,300).

Median household income in New Miami is $50,259 compared to $65,905 in Ontario (-23.7%). While Ontario 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 Miami spend roughly 25.6% of their income on rent, more than the 19.3% in Ontario.