What is a pro or con of living in Troy, Michigancompared to Miami, Florida?

Median Home Cost is 28% cheaper in Troy.

What salary do I need to live in Troy, Michigan copmared to Miami, Florida?

A salary of $105,000 in Miami, Florida could decrease to $95,478 in Troy, Michigan (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

MIAMI vs. TROY
Cost of Living Comparison

Miami, Florida vs. Troy, Michigan

Q: Is it expensive to live in Troy, Michigan compared to Miami, Florida?

Overall, Troy, Michigan is cheaper than Miami, Florida.

Cost of Living Comparison

The cost of living in Troy, Michigan is 9.1% cheaper than Miami, Florida.

You would need a salary of $95,478 in Troy, Michigan to maintain the standard of living you have in Miami, Florida.

Comparison highlights

• Overall, Troy, Michigan is cheaper than Miami, Florida
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
28% cheaper in Troy
than in Miami, Florida

Miami, FL vs. Troy, MI

Compared to Miami, Troy is:

Homeowner

No Child Care, Taxes not Considered

9.1% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

6.0% lower

Housing (Homeowner)

5.2% lower

Housing (Rent)

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Median Home Cost

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Utilities

2.6% higher

Commute

18.2% lower

Health

23.2% lower

Taxes

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Childcare

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Personal

4.8% higher

Cost of Food

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Miami, Florida vs. Troy, Michigan

Cost of Living Comparison

Comparison highlights

Miami, FL vs. Troy, MI

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