Cost of Living in Tipp city, OH
Housing
The housing market plays a significant role in determining the cost of living in Tipp city, OH.
- Housing Index: 90.0 / 100
- Median Home Price is: $211000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Tipp city, OH? With a housing index of 90.0, housing affordability is slightly below average, suggesting potentially attainable living options. The median home price is at 211000, making homeownership quite feasible. Renters might find the environment manageable, given the average rent for a 2-bedroom apartment at 1200 and a house at 1280. As many families are choosing to rent long-term, the neighborhood dynamics could shift, enhancing future property values and rental opportunities. Calculating your budget here could lead to a rewarding choice!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tipp city, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Tipp city, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Tipp city is a financially viable option for your relocation.