London, OH vs Troy, OH

London, OH and Troy, OH have a very similar cost of living, with only a 0.3% difference in their overall index. London scores 77 while Troy scores 77 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 London is $912/month compared to $934/month in Troy — a 2% difference. Home values follow the same pattern: London is more affordable at $194,800 median vs $199,400.

Median household income in London is $60,364 compared to $70,450 in Troy (-14.3%). 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 London spend roughly 18.1% of their income on rent, more than the 15.9% in Troy.