Northwood, OH vs South Amherst, OH
Northwood, OH and South Amherst, OH have a very similar cost of living, with only a 0.1% difference in their overall index. Northwood scores 75 while South Amherst scores 75 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 Northwood is $964/month compared to $893/month in South Amherst — a 8% difference. Interestingly, home values tell a different story: while South Amherst has cheaper rent, Northwood actually has lower median home values ($168,400 vs $186,000).
Median household income in Northwood is $76,332 compared to $83,654 in South Amherst (-8.8%). While South Amherst is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Northwood spend roughly 15.2% of their income on rent, more than the 12.8% in South Amherst.
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