Cost of Living Calculator - Troy, Michigan vs Richmond, Indiana


The cost of living in Richmond, Indiana is 40.4% cheaper than Troy, Michigan.

You would need a salary of $62,547 in Richmond, Indiana to maintain the standard of living you have in Troy, Michigan.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Troy, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
66% cheaper in Richmond
than in Troy, Michigan
Troy, MI vs Richmond, IN
Compared to Troy, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  40.4% 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
  9.9% lower
  Housing (Homeowner)
  72.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.7% lower
  Commute
  48.6% lower
  Health
  20.5% higher
  Taxes
  Childcare
  Personal
  20.6% lower

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.