Housing costs in Troy?
A typical home costs
$147,400, which is 56.4% less expensive than the national average of
$338,100 and 31.1% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Troy costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 5.6% cheaper than the state average of
$940.
Can I afford Troy?
To live comfortably in Troy Alab Metro Area, Alabama, a minimum annual income of
$28,080 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Troy?
The cost of living in Troy, AL Metro Area is 76.8, which is much lower than the US average Cost of Living of 100. This makes Troy an attractive destination for those looking to live and work in the area without breaking their budget. The median house value of $147,400 may also be more appealing to those who might otherwise struggle to purchase a home in other places with higher costs of living. This could make it more feasible for people to own homes and maintain a comfortable lifestyle in Troy.