States › Ohio › Tipp City

Is Tipp City, OH expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$95845% lower than U.S. average
💵 Families earn per year (2026)$84,229about $7,019/month · 3% lower than U.S. average
🔑 House price$273,50018% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $38,320 a year. That is $18 an hour at a full-time job.

Is rent cheaper than other Ohio cities?

Yes. Rent here is cheaper than in most of Ohio. It is number 36 of 288 cities from cheapest to most expensive.

Tipp City
$958
London
$1,263
Reading
$1,274
Shiloh
$1,067
Vermilion
$1,215
Galion
$1,109
Richmond Heights
$1,063

How much do households earn in Tipp City?

Under $25k
16.8%
$25k–50k
16.8%
$50k–100k
34.6%
$100k–150k
16.0%
$150k+
14.9%

Share of households by yearly income. 30.9% of households earn $100,000 or more.

Rent by apartment size in Tipp City

SizeTipp CityU.S. average
1 bedroom$603$1,324
2 bedrooms$965$1,509
3 bedrooms$1,319$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Tipp City overall?

Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).

Housing
73
Goods (food, clothes…)
94
Utilities
96
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Tipp City, so the Ohio figure is shown.

Taxes and bills in Tipp City

🏛️ Property tax$3,103a year · 1.13% of home value · U.S. $3,119
⚡ Electric bill$147a month (typical) · U.S. $156

Life in Tipp City

Commute to work20.9 minU.S.: 26.4 min
College degree34%U.S.: 35.7%
Own their home69.9%U.S.: 65.2%
Below poverty line6.2%U.S.: 12.5%
Unemployment2%U.S.: 5.2%

Is it cheaper to rent or buy in Tipp City?

Renting is cheaper right now: about $940 a month less.

Renting
$958
Owning
$1,898

Owning assumes a typical $273,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,350 for the down payment.

Frequently asked questions

What is the average rent in Tipp City, OH?

Renting in Tipp City costs a median of about $958 a month in 2026, including utilities. The Ohio median is $1,261.

How much do I need to make to live in Tipp City?

To keep rent under 30% of income, you need about $38,320 a year, or $18 an hour at a full-time job.

Is Tipp City cheap or expensive?

Tipp City is rated Cheap: rent takes 13.6% of the typical household income of $84,229. It ranks 36th cheapest of 288 Ohio cities we track.

How much are property taxes in Tipp City?

The median homeowner in Tipp City pays $3,103 a year in property taxes, about 1.13% of the median home value.

Is Tipp City more expensive than the national average?

Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Tipp City?

The median home value in Tipp City is $273,500, about 3.2 times the typical yearly household income.

10,439 people live in Tipp City. Numbers are typical (middle) values.