Cost of living in Trenton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Trenton is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Trenton is 92, with 100 being the average.
The cost of living index in Trenton is 0.9x lower than the national average.
Trenton ranks as the #163 cheapest in Ohio out of 286.
Trenton ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Trenton is $147,200.
The median income in Trenton is $78,774.
According to the most recent data on the cost of living, Trenton has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Ohio, Trenton has a cost of living index that's 1.0x higher than Ohio's index of 91.
The standard of living in Trenton ranks as #163 most affordable out of the 286 places we measured in Ohio. By definition, that implies Trenton ranks as the #123 most expensive place in the Buckeye State.
For more reading on life in Trenton, check out:
Six factors go into calculating the cost of living index in Trenton. Here is how it fairs on each of the criteria:
The Services index in Trenton is 104.
The Groceries index in Trenton is 97.
The Health index in Trenton is 84.
The Housing index in Trenton is 77.
The Transportation index in Trenton is 100.
The Utilities index in Trenton is 91.
Living Expense | Trenton | Ohio | National Average | |
---|---|---|---|---|
Overall | 92 | 91 | 100 | |
Services | 104 | 98 | 100 | |
Groceries | 97 | 101 | 100 | |
Health | 84 | 95 | 100 | |
Housing | 77 | 73 | 100 | |
Transportation | 100 | 98 | 100 | |
Utilities | 91 | 93 | 100 |
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Trenton is $147,200.
The Median Rent in Trenton is $1,141.
The Median Income in Trenton is $78,774.
The Home Value To Income in Trenton is 1.9x.
The Rent To Monthly Income in Trenton is 0.17x.
Statistic | Trenton | Ohio | United States |
---|---|---|---|
Median Home Value | $147,200 | $159,900 | $244,900 |
Median Rent | $1,141 | $870 | $1,163 |
Median Income | $78,774 | $61,938 | $69,021 |
Home Value To Income | 1.9x | 2.6x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Trenton. Here's a quick look at the cost of living in the most populous nearby places:
Hamilton, OH has a cost of living index of 85, 0.9x Trenton.
Middletown, OH has a cost of living index of 86, 0.9x Trenton.
Mason, OH has a cost of living index of 104, 1.1x Trenton.
City | Population | Cost Of Living | Vs. Trenton |
---|---|---|---|
Hamilton, OH | 63,127 | 85 | 0.9x |
Middletown, OH | 50,114 | 86 | 0.9x |
Mason, OH | 34,337 | 104 | 1.1x |
Springboro, OH | 18,831 | 101 | 1.1x |
Monroe, OH | 15,560 | 99 | 1.1x |
Blue Ash, OH | 13,229 | 103 | 1.1x |
Loveland, OH | 13,125 | 98 | 1.1x |
Montgomery, OH | 10,796 | 115 | 1.2x |
Beckett Ridge, OH | 9,716 | 106 | 1.2x |
Wyoming, OH | 8,691 | 112 | 1.2x |