Portage Lakes, OH vs Tallmadge, OH

Portage Lakes, OH and Tallmadge, OH have a very similar cost of living, with only a 1.8% difference in their overall index. Portage Lakes scores 80 while Tallmadge scores 82 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 Portage Lakes is $1,125/month compared to $1,008/month in Tallmadge — a 12% difference. Interestingly, home values tell a different story: while Tallmadge has cheaper rent, Portage Lakes actually has lower median home values ($165,500 vs $226,400).

Median household income in Portage Lakes is $66,027 compared to $91,273 in Tallmadge (-27.7%). While Tallmadge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Portage Lakes spend roughly 20.4% of their income on rent, more than the 13.3% in Tallmadge.