Housing costs in Troy?
A typical home costs
$164,000, which is 51.5% less expensive than the national average of
$338,100 and 23.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Troy costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and close to the state average of
$940.
Can I afford Troy?
To live comfortably in Troy, Alabama, a minimum annual income of
$31,320 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Troy?
Troy, AL is an affordable place to live, with a median home price of just $90,000. The cost of living in Troy is about 12% lower than the national average, making it an attractive and affordable option for many people. Additionally, the city's median household income is around $34,000, which is slightly lower than the national average but still enough for most families to get by and enjoy a comfortable lifestyle. The low cost of living in Troy makes it an attractive option for those looking to move without breaking the bank.