Zip 43117 (Derby, OH) Cost of Living


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How much do I need to live in Derby, Ohio?
$4,770 / month
for a family, 11.7% less expensive than the national average A total of $57,240 for the year for a family.
$2,933 / month
for a single person, 38.5% less expensive than the national average A total of $35,200 for the year for a single person.

Derby cost of living score
88
Less expensive
12.0% lower
than the US average
6.4% higher
than the Ohio average
Derby (zip 43117), Ohio gets a BestPlaces Cost of Living score of 88, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.0% lower than the U.S. average and 6.4% lower than the average for Ohio.

Zip 43117 (Derby, OH)

Housing costs in Derby?
A typical home costs $298,600, which is 11.7% less expensive than the national average of $338,100 and 51.6% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Derby costs $1,090 per month, which is 11.2% more than the national average of $980 and 5.5% cheaper than the state average of $1,150.

Can I afford Derby?
To live comfortably in Derby (zip 43117), Ohio, a minimum annual income of $57,240 for a family, and $35,200 for a single person is recommended.

What does A.I. say about Derby?
The cost of living in 43117 Derby, OH is relatively low. According to Sperling's Best Places, the overall cost of living in this area is 8% lower than the national average. Housing costs are especially economical, with a median home value of just $82,600 – almost 20% less than the U.S. median value. This makes Derby an affordable place to live for people who want to settle down and save money. The area also has a reasonable cost of living when it comes to food, healthcare, transportation and other essential services. All in all, 43117 Derby, OH is an inexpensive and desirable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDerbyOhioUnited States
    Unlock82.7100.0
  98.8  Unlock100.0
    Unlock88.7100.0
  65.1  Unlock100.0
    Unlock$197,000$338,100
  101.9  Unlock100.0
    Unlock83.9100.0
  87.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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