Cost of Living in Tiro, OH

With a cost of living index of 76, Tiro, OH is a very affordable place to live. Living here is 24% cheaper than the national average and in line with the Ohio state average. Tiro is a small community of 234 residents.

Housing costs are the biggest factor in Tiro's cost of living. The median monthly rent is $1,297 (2% below the US median of $1,319), and the median home value sits at $52,300 (83% below the national median of $304,900). At current prices, the median home costs roughly 0.9x the median household income — well within traditional affordability guidelines.

The median household income in Tiro is $60,515, which is 19% lower than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.