Housing costs in Troy?
A typical home costs
$376,800, which is 11.4% more expensive than the national average of
$338,100 and 72.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Troy costs
$1,670 per month, which is 16.8% more than the national average of
$1,430 and 34.1% more than the state average of
$1,100.
Can I afford Troy?
To live comfortably in Troy, Michigan, a minimum annual income of
$72,360 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Troy?
Troy conveys a unique chance at great value for budget-friendly living placed somewhere close by Michigan's Oakland County boasting median housing values arriving around the mid-$300s and rent usually lands near by between $1 - 2 < 300 dollars depending upon desired amenities - notably lower compared to other parts of The Great Lakes State such as Royal Oak or Warren which are located much deeper down southeastward. Groceries similarly stay almost equal with United States levels thanks largely to local taxes & regulations while sales tax amounts out unaltered at no less than 6%.