Housing costs in Troy?
A typical home costs
$395,600, which is 17.0% more expensive than the national average of
$338,100 and 11.1% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Troy costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 27.3% cheaper than the state average of
$1,120.
Can I afford Troy?
To live comfortably in Troy, Idaho, a minimum annual income of
$75,960 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Troy?
The cost of living in Troy, ID is quite reasonable. According to the US Census Bureau, the overall cost of living index is 87.7, which is 13.3% lower than the national average. Housing costs are especially low compared to the national average, with an average price of $170,000 for a 3 bedroom home being 19% cheaper than the national average. With these low prices and a median household income of $51,632, families can easily find housing that meets their needs without breaking their budget. Furthermore, transportation and food costs are also significantly lower than elsewhere in the US making Troy an attractive place to live from both a financial and quality of life perspective.