Cost of Living Calculator - Troy, Michigan vs Lake Placid, Florida


The cost of living in Lake Placid, Florida is 23.6% cheaper than Troy, Michigan.

You would need a salary of $38,185 in Lake Placid, Florida to maintain the standard of living you have in Troy, Michigan.
Comparison highlights
• Overall, Lake Placid, Florida is cheaper than Troy, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
34% cheaper in Lake Placid
than in Troy, Michigan
Troy, MI vs Lake Placid, FL
Compared to Troy, Lake Placid is:
  Homeowner
      No Child Care, Taxes not Considered
  23.6% 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
  1.7% higher
  Housing (Homeowner)
  52.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  11.9% higher
  Commute
  35.6% lower
  Health
  33.0% higher
  Taxes
  Childcare
  Personal
  14.5% lower

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