Troy, OH vs Vermilion, OH

Troy, OH and Vermilion, OH have a very similar cost of living, with only a 2.9% difference in their overall index. Troy scores 77 while Vermilion scores 79 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 Troy is $934/month compared to $1,123/month in Vermilion — a 17% difference. Interestingly, home values tell a different story: while Troy has cheaper rent, Vermilion actually has lower median home values ($172,000 vs $199,400).

Median household income in Troy is $70,450 compared to $73,052 in Vermilion (-3.6%). While Vermilion is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Troy spend roughly 15.9% of their income on rent, less than the 18.4% in Vermilion.