New Vienna, OH vs Sherwood, OH

New Vienna is moderately more affordable than Sherwood, with a 13.7% lower cost of living index. New Vienna scores 68 compared to 79 for Sherwood, where the US average is 100. This difference means residents of Sherwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Vienna is $835/month compared to $774/month in Sherwood — a 8% difference. Interestingly, home values tell a different story: while Sherwood has cheaper rent, New Vienna actually has lower median home values ($130,200 vs $273,900).

Median household income in New Vienna is $58,523 compared to $132,653 in Sherwood (-55.9%). While Sherwood 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 Vienna spend roughly 17.1% of their income on rent, more than the 7% in Sherwood.