Troy, OH Cost of Living


5 Reviews



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United States / Ohio / No Metro Area / Miami County / Troy / Zip Codes
How much do I need to live in Troy, Ohio?
$3,510 / month
for a family, 35.0% less expensive than the national average A total of $42,120 for the year for a family.
$2,433 / month
for a single person, 49.0% less expensive than the national average A total of $29,200 for the year for a single person.

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
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTroyOhioUnited States
    Unlock82.7100.0
  98.0  Unlock100.0
    Unlock88.7100.0
  69.7  Unlock100.0
    Unlock$197,000$338,100
  103.8  Unlock100.0
    Unlock83.9100.0
  96.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Troy
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Over 14 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 16 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 18 years ago

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

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