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Olmsted Falls, OH vs Wellsville, OH

85
Olmsted Falls
Ohio
VS
+42.5%
60
Wellsville
Ohio

The cost of living difference between Olmsted Falls, OH and Wellsville, OH is dramatic. Wellsville is 42.5% cheaper than Olmsted Falls, a gap that translates to thousands of dollars per year in household expenses. Olmsted Falls has a cost index of 85 while Wellsville sits at 60, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Olmsted Falls is $1,142/month compared to $753/month in Wellsville — a 52% difference. Home values follow the same pattern: Wellsville is more affordable at $55,400 median vs $214,800.

Median household income in Olmsted Falls is $93,907 compared to $29,440 in Wellsville (+219%). 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, less than the 30.7% in Wellsville. The Olmsted Falls ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Olmsted Falls
85
Wellsville
60
30% cheaper
Median Household Income
Olmsted Falls
$93,907
69% higher
Wellsville
$29,440

Housing

Median Rent
Olmsted Falls
$1,142
Wellsville
$753
34% cheaper
Median Home Value
Olmsted Falls
$214,800
Wellsville
$55,400
74% cheaper
Population
Olmsted Falls
8,640
Wellsville
3,096

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Olmsted Falls $2.89
Wellsville
US $3.07
🥚
Eggs (grade A, large)
Olmsted Falls $2.35
Wellsville
US $2.50
🥛
Milk (whole)
Olmsted Falls $3.79
Wellsville
US $4.03
🍞
Bread (white)
Olmsted Falls $1.74
Wellsville
US $1.85
🍗
Chicken breast
Olmsted Falls $3.90
Wellsville
US $4.14
Electricity
Olmsted Falls $0.17
Wellsville
US $0.19