Piqua, OH

Very Low · 55

Ohio · Population 20,533 · Updated March 2026

$896
Median Rent / Month
$63,770
Median Income
$124,900
Median Home Value
$878
Owner Costs / Month

Affordability

How far your income goes in Piqua

16.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Ohio

State-level tax rates that affect your costs

3.5%
Income Tax (Top Rate)
5.75%
Sales Tax
1.53%
Property Tax Rate

Estimated Annual Costs

$10,752
Annual Rent
$2,232
State Income Tax
$1,911
Property Tax (est.)

Cost of Living Overview

Piqua is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 55 (where 100 equals the national median), Piqua residents can expect to pay median rent of $896/month while earning a median household income of $63,770/year.

The median home value in Piqua, OH is $124,900, with typical monthly owner costs around $878 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Ohio has a moderate income tax rate of 3.5%. Combined with a 5.75% sales tax rate and 1.53% effective property tax rate, the overall tax environment is a factor in the total cost of living in Piqua.

Frequently Asked Questions

Common questions about living costs in Piqua

What is the cost of living in Piqua, OH?
The cost of living index in Piqua, OH is 55 (US average = 100). Median monthly rent is $896, median household income is $63,770/year, and the median home value is $124,900.
Is Piqua, OH affordable?
Yes, Piqua is more affordable than the national average with a cost index of 55. The rent-to-income ratio is 16.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Piqua, OH?
The median gross rent in Piqua, OH is $896 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,752.
What is the median household income in Piqua?
The median household income in Piqua, OH is $63,770 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Ohio?
Ohio has a top income tax rate of 3.5%, a sales tax of 5.75%, and an effective property tax rate of 1.53%.