New Philadelphia, OH vs Waterville, OH

There is a significant gap in the cost of living between these two cities. New Philadelphia is 25.1% cheaper than Waterville. With a cost index of 72 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Philadelphia to Waterville should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Philadelphia is $866/month compared to $1,386/month in Waterville — a 38% difference. Home values follow the same pattern: New Philadelphia is more affordable at $164,600 median vs $271,100.

Median household income in New Philadelphia is $60,932 compared to $102,096 in Waterville (-40.3%). While Waterville 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 Philadelphia spend roughly 17.1% of their income on rent, more than the 16.3% in Waterville.