Zip 27371 (Troy, NC) Cost of Living


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United States / North Carolina / No Metro Area / Montgomery County / Troy / Troy (zip 27371)
How much do I need to live in Troy, North Carolina?
$3,060 / month
for a family, 43.3% less expensive than the national average A total of $36,720 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Troy cost of living score
76.6
Less expensive
23.4% lower
than the US average
15.8% lower
than the North Carolina average
Troy (zip 27371), North Carolina gets a BestPlaces Cost of Living score of 76.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.4% lower than the U.S. average and 15.8% higher than the average for North Carolina.

Zip 27371 (Troy, NC)

Housing costs in Troy?
A typical home costs $192,000, which is 43.2% less expensive than the national average of $338,100 and 33.6% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Troy costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 23.3% cheaper than the state average of $1,110.

Can I afford Troy?
To live comfortably in Troy (zip 27371), North Carolina, a minimum annual income of $36,720 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Troy?
The cost of living in 27371 Troy, NC is relatively low compared to the rest of the country. The average home price in Troy is $125,000, which is far below the national average of $229,000. The median household income for Troy is around $36,000 as well, making it an affordable place to live. Groceries and health care prices are both slightly lower than the national average as well. Property taxes are lower than many other places in North Carolina, making this an attractive option for those looking to save money on their housing expenses. Overall, Troy offers a great value when it comes to cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTroyNorth CarolinaUnited States
    Unlock91.0100.0
  95.0  Unlock100.0
    Unlock107.2100.0
  47.7  Unlock100.0
    Unlock$289,300$338,100
  101.3  Unlock100.0
    Unlock83.9100.0
  74.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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