Elyria, OH vs Piqua, OH
Elyria, OH and Piqua, OH have a very similar cost of living, with only a 0.8% difference in their overall index. Elyria scores 70 while Piqua scores 70 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 Elyria is $859/month compared to $896/month in Piqua — a 4% difference. Interestingly, home values tell a different story: while Elyria has cheaper rent, Piqua actually has lower median home values ($124,900 vs $142,800).
Median household income in Elyria is $53,204 compared to $63,770 in Piqua (-16.6%). Piqua offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elyria spend roughly 19.4% of their income on rent, more than the 16.9% in Piqua.
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