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Elgin, OH vs Kipton, OH

81
Elgin
Ohio
VS
+16.4%
70
Kipton
Ohio

There is a significant gap in the cost of living between these two cities. Kipton is 16.4% cheaper than Elgin. With a cost index of 70 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kipton to Elgin should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Elgin are $112,500 compared to $136,600 in Kipton, a 18% gap.

Median household income in Elgin is $88,289 compared to $59,167 in Kipton (+49.2%). While Elgin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (51.4°F vs 50.2°F). Kipton receives more rainfall at 36.7" per year compared to 35.8" in Elgin.

Income & Cost

Cost of Living Index
Elgin
81
Kipton
70
14% cheaper
Median Household Income
Elgin
$88,289
33% higher
Kipton
$59,167

Housing

Median Rent
Elgin
Kipton
$863
Median Home Value
Elgin
$112,500
18% cheaper
Kipton
$136,600
Population
Elgin
80
Kipton
237

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elgin 51.4°F
Kipton 50.2°F
Summer High
Elgin 84°F
Kipton 82°F
Winter Low
Elgin 20°F
Kipton 20°F
Rainfall
Elgin 35.8"
Kipton 36.7"
Rainy Days
Elgin 139d
Kipton 152d