Tipp City, OH vs Troy, OH

Tipp City, OH and Troy, OH have a very similar cost of living, with only a 3.2% difference in their overall index. Tipp City scores 79 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 Tipp City is $912/month compared to $934/month in Troy — a 2% difference. Interestingly, home values tell a different story: while Tipp City has cheaper rent, Troy actually has lower median home values ($199,400 vs $237,400).

Median household income in Tipp City is $85,081 compared to $70,450 in Troy (+20.8%). While Tipp City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Tipp City spend roughly 12.9% of their income on rent, less than the 15.9% in Troy.