Newton Falls, OH vs Shreve, OH

Newton Falls is moderately more affordable than Shreve, with a 9% lower cost of living index. Newton Falls scores 60 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 Newton Falls is $714/month compared to $758/month in Shreve — a 6% difference. Home values follow the same pattern: Newton Falls is more affordable at $102,200 median vs $133,200.

Median household income in Newton Falls is $51,840 compared to $66,011 in Shreve (-21.5%). 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 Newton Falls spend roughly 16.5% of their income on rent, more than the 13.8% in Shreve.