Troy, OH Cost of Living


5 Reviews



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United States / Ohio / No Metro Area / Miami County / Troy / Zip Codes

Troy cost of living score
84.1
Less expensive
15.9% lower
than the US average
1.7% higher
than the Ohio average
Troy, Ohio gets a BestPlaces Cost of Living score of 84.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.9% lower than the U.S. average and 1.7% lower than the average for Ohio.

Troy, OH

Housing costs in Troy?
A typical home costs $220,500, which is 34.8% less expensive than the national average of $338,100 and 11.9% more expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Troy costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 4.3% cheaper than the state average of $980.

Can I afford Troy?
To live comfortably in Troy, Ohio, a minimum annual income of $42,120 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Troy?
Troy, OH is an affordable place to live, with a low cost of living compared to the national average. The median home price in Troy is $160,000 and the median rent for a two-bedroom apartment is around $700 per month. Additionally, grocery costs are lower than most major cities, and utilities average about $150 a month. Overall, residents of Troy enjoy living in a safe community with an affordable cost of living that allows them to keep more of their hard-earned money in their pockets.
   Cost of living score
     CategoriesTroyOhioUnited States
  84.182.7100.0
  9896.1100
  98.788.7100.0
  69.761.6100.0
  $220,500$197,000$338,100
  103.8%100.0%100.0%
  76.883.9100.0
  96.389.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Troy
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Over 13 years ago

Troy is an okay place to raise a family. Local police target young people. Local politics dominated by Republicans. Many jobs have left area. Many major  More

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Over 15 years ago

Troy, Ohio is a small city about 20 miles north of Dayton, Ohio. I have lived in or near Troy all of my life. It is, for the most part, a quiet, relaxing place to live  More

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Over 17 years ago

The climate here is quite humid, with seasonal changes for summer, autumn, winter and  More

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