Troy, Michigan vs. Monroe, Michigan

Cost of Living Comparison

The cost of living in Monroe, Michigan is 23.3% cheaper than Troy, Michigan.

You would need a salary of $57,547 in Monroe, Michigan to maintain the standard of living you have in Troy, Michigan.
Comparison highlights
• Overall, Monroe, Michigan is cheaper than Troy, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
51% cheaper in Monroe
than in Troy, Michigan
Troy, MI vs. Monroe, MI
Compared to Troy, Monroe is:
  Homeowner
      No Child Care, Taxes not Considered
  23.3% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  7.5% lower
  Housing (Homeowner)
  55.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  4.2% higher
  Commute
  10.4% lower
  Health
  7.1% higher
  Taxes
  Childcare
  Personal
  9.7% lower