Olmsted Falls, OH vs Versailles, OH

There is a significant gap in the cost of living between these two cities. Versailles is 19.3% cheaper than Olmsted Falls. With a cost index of 71 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Versailles to Olmsted Falls should plan for substantially higher expenses across most categories.

On the housing front, median rent in Olmsted Falls is $1,142/month compared to $762/month in Versailles — a 50% difference. Home values follow the same pattern: Versailles is more affordable at $193,200 median vs $214,800.

Median household income in Olmsted Falls is $93,907 compared to $69,103 in Versailles (+35.9%). While Olmsted Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Olmsted Falls spend roughly 14.6% of their income on rent, more than the 13.2% in Versailles.