
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.