Troy, NY Cost of Living


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Troy cost of living score
95.8
Less expensive
4.2% lower
than the US average
21.2% lower
than the New York average
Troy, New York gets a BestPlaces Cost of Living score of 95.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.2% lower than the U.S. average and 21.2% lower than the average for New York.

Troy, NY

Housing costs in Troy?
A typical home costs $238,100, which is 29.6% less expensive than the national average of $338,100 and 42.4% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Troy costs $1,220 per month, which is 14.7% cheaper than the national average of $1,430 and 60.7% cheaper than the state average of $1,960.

Can I afford Troy?
To live comfortably in Troy, New York, a minimum annual income of $45,720 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Troy?
Troy, NY has an overall above average cost of living thanks largely in part to its high real estate values and tax rates when compared other places within New York and the nation as a whole but can vary depending on neighborhood so one must shop around if they want the best deal available during their search for a place to call home here too.
   Cost of living score
     CategoriesTroyNew YorkUnited States
  95.8121.5100.0
  101103.8100
  117.2120.7100.0
  69.7127.9100.0
  $238,100$413,600$338,100
  107.6%115.9%100.0%
  93.2140.7100.0
  132.9121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Troy
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My great grandparents came from Germany to settle in Troy, NY in 1885. Troy in the early days beyond the corruption of politics was a safe place to live. The  More

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My great grandparents came from Germany to settle in Troy, NY in 1885. Troy in the early days beyond the corruption of politics was a safe place to live. The  More

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I've lived in Troy for 17 years and love it more than ever. I was initially attracted by its handsome industrial-era architecture, walkable downtown and budding arts  More

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