Housing costs in Troy?
A typical home costs
$259,700, which is 23.2% less expensive than the national average of
$338,100 and 7.4% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Troy costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 35.5% cheaper than the state average of
$1,260.
Can I afford Troy?
To live comfortably in Troy (zip 62294), Illinois, a minimum annual income of
$49,680 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Troy?
The cost of living in 62294 Troy, IL is relatively affordable. According to the Cost of Living Index, Troy has a score of 87.2 out of 100, which is quite favorable when compared to the national average of 100. The cost of housing in Troy is lower than the national average with an index score of 70.9. Additionally, groceries, health care and utilities are also cheaper here than they are on a national level. All in all, living in 62294 Troy, IL should not be too expensive for most people looking to move into the area.