Elyria, OH vs Troy, OH

Elyria is moderately more affordable than Troy, with a 8.7% lower cost of living index. Elyria scores 70 compared to 77 for Troy, where the US average is 100. This difference means residents of Troy can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elyria is $859/month compared to $934/month in Troy — a 8% difference. Home values follow the same pattern: Elyria is more affordable at $142,800 median vs $199,400.

Median household income in Elyria is $53,204 compared to $70,450 in Troy (-24.5%). While Troy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elyria spend roughly 19.4% of their income on rent, more than the 15.9% in Troy.