Lake Odessa, MI vs New Concord, OH: Cost of Living

Which city costs less?

New Concord, OH has a modeled overall cost index 1.2% lower than Lake Odessa, MI.

Lake Odessa, MI · modeled 2BR rent
$1,150 / month
New Concord, OH · modeled 2BR rent
$1,000 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Lake Odessa, MI and New Concord, OH using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated savings: $119/month in New Concord, OH

$150,000 in your current city has a modeled equivalent of $148,572 in New Concord, OH

Regional cost estimates: Lake Odessa, MI uses Detroit, MI. New Concord, OH uses Columbus, OH. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 1.2%
Less expensive
Monthly Impact
$119
Savings
Annual Impact
$1.4K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Lake Odessa, MI

Population:2K
Cost Index:
77.4
100 = national average
Typical Home:$246K

New Concord, OH

Population:2K
Cost Index:
76.4
100 = national average
Typical Home:$244K

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Lake Odessa, MI

The Great Lakes State

2K
Population
State Tax
Yes

Located in Michigan, this city has a population of 2K residents.

New Concord, OH

The Buckeye State

2K
Population
State Tax
Yes

Located in Ohio, this city has a population of 2K residents.

Cost Breakdown by Category

Estimated monthly spending: Lake Odessa, MI vs New Concord, OH

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↑ 27.2%
Lake Odessa, MI
$1,535
New Concord, OH
$1,952
Difference
$417
more
Transportation
↓ 16.0%
Lake Odessa, MI
$1,718
New Concord, OH
$1,443
Difference
$275
less
Other
↓ 10.2%
Lake Odessa, MI
$1,831
New Concord, OH
$1,645
Difference
$186
less
All Utilities
↓ 18.1%
Lake Odessa, MI
$650
New Concord, OH
$533
Difference
$118
less
Healthcare
↑ 5.8%
Lake Odessa, MI
$658
New Concord, OH
$696
Difference
$38.44
more
Groceries
↑ 0.4%
Lake Odessa, MI
$1,107
New Concord, OH
$1,111
Difference
$3.92
more

🏠Rent Comparison

Studio
From$810
To$830
↑ $20.00
1 Bed
From$880
To$830
↓ $50.00
2 Bed
From$1,150
To$1,000
↓ $150
3 Bed
From$1,420
To$1,360
↓ $60.00
Lake Odessa, MIZIP-level data

1BR range: $880–$880/mo

New Concord, OHZIP-level data

1BR range: $830–$830/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Lake Odessa, MI
$7,381
Monthly in New Concord, OH
$119
Difference

Home Values

Lake Odessa
New Concord
$246K
Median Value
$244K
↑ +7.2%
YoY Change
↑ +1.4%
↑ +39.5%
5-Year Change
↑ +34.7%

Homes in New Concord are 1% less expensive than Lake Odessa

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↑ $1.9K
Per year
Monthly Difference
$162
More take-home
Effective Rate Diff
1.3%
Rate difference

Lake Odessa, MI

Federal Income Tax
Effective: 18.9%
$25.5K
Michigan State Tax
Effective: 4.3%
$6.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 28.9%
$43.4K
Take-Home Pay
$8,884/month
$106.6K

New Concord, OH

Federal Income Tax
Effective: 18.9%
$25.5K
Ohio State Tax
Effective: 3.0%
$4.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.6%
$41.4K
Take-Home Pay
$9,047/month
$108.6K

Additional Tax Information

Lake Odessa, MI Tax Rates

Sales Tax:6.0%
Property Tax:1.4%

New Concord, OH Tax Rates

Sales Tax:7.2%
Property Tax:1.6%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Lake Odessa
New Concord
55 Moderate
Air Quality
53 Moderate
32.8%
Good Air Days
41.3%
99 High
Climate Risk
98 High
🌊🌡🌪
Top Hazards
🌊🌡🌪
▲+3.1°F
2050 Outlook
▲+3.1°F
10 days
Heat Days >95°F
18 days
▲+3.1°F
2050 Outlook
▲+3.1°F
10 days
Heat Days >95°F
18 days

Before moving from Lake Odessa, MI to New Concord, OH

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in New Concord, OH for the same bedroom count and included utilities as your home in Lake Odessa, MI. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Lake Odessa to New Concord moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to New Concord, OH by cost, housing, population and region.

Frequently Asked Questions: Lake Odessa, MI vs New Concord, OH

How do the cost estimates for Lake Odessa, MI and New Concord, OH compare?

New Concord, OH has a modeled overall cost index 1.2% lower than Lake Odessa, MI. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Lake Odessa, MI, the model estimates $148,572 in New Concord, OH. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Lake Odessa, MI and New Concord, OH?

The modeled two-bedroom rents are $1,150/month in Lake Odessa, MI and $1,000/month in New Concord, OH. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Michigan and Ohio on TaxTakeHome.com

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