Zip 36081 (Troy, AL) Cost of Living


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How much do I need to live in Troy, Alabama?
$2,370 / month
for a family, 56.1% less expensive than the national average A total of $28,440 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Troy cost of living score
77.1
Less expensive
22.9% lower
than the US average
8.3% lower
than the Alabama average
Troy (zip 36081), Alabama gets a BestPlaces Cost of Living score of 77.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.9% lower than the U.S. average and 8.3% higher than the average for Alabama.

Zip 36081 (Troy, AL)

Housing costs in Troy?
A typical home costs $148,800, which is 56.0% less expensive than the national average of $338,100 and 30.5% less expensive than the average Alabama home, at $214,000. Renting a two-bedroom unit in Troy costs $890 per month, which is 5.3% cheaper than the national average of $940 and close to the state average of $890.

Can I afford Troy?
To live comfortably in Troy (zip 36081), Alabama, a minimum annual income of $28,440 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Troy?
The cost of living in Troy, AL (36081) is relatively low in comparison to other places. The median housing cost is $83,900, which is far lower than the national average of $227,025. Additionally, the overall cost of goods and services is 13.2% lower than the national average. This makes Troy a great place to live on a budget, as you can get more for your money and have extra money to save or spend on things like entertainment or travel.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTroyAlabamaUnited States
    Unlock84.1100.0
  93.9  Unlock100.0
    Unlock118.9100.0
  42.3  Unlock100.0
    Unlock$214,000$338,100
  101.1  Unlock100.0
    Unlock85.9100.0
  78.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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