Zip 38260 (Troy, TN) Cost of Living


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How much do I need to live in Troy, Tennessee?
$2,220 / month
for a family, 58.9% less expensive than the national average A total of $26,640 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Troy cost of living score
71.2
Less expensive
28.8% lower
than the US average
20.8% lower
than the Tennessee average
Troy (zip 38260), Tennessee gets a BestPlaces Cost of Living score of 71.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.8% lower than the U.S. average and 20.8% higher than the average for Tennessee.

Zip 38260 (Troy, TN)

Housing costs in Troy?
A typical home costs $139,000, which is 58.9% less expensive than the national average of $338,100 and 49.9% less expensive than the average Tennessee home, at $277,400. Renting a two-bedroom unit in Troy costs $770 per month, which is 28.0% cheaper than the national average of $1,070 and 2.6% more than the state average of $750.

Can I afford Troy?
To live comfortably in Troy (zip 38260), Tennessee, a minimum annual income of $26,640 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Troy?
The cost of living in 38260 Troy, TN is relatively low compared to other areas in the country. The median home value is $104,800 and the median rent is only $715 per month. Utilities such as electricity and gas are generally around 20% lower than the U.S. national average. Groceries, health care, and transportation costs are also all below the national average. Overall, 38260 Troy is an affordable place to live with a pleasant atmosphere of small-town living that makes it appealing to many people.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTroyTennesseeUnited States
    Unlock89.9100.0
  89.9  Unlock100.0
    Unlock100.4100.0
  39.5  Unlock100.0
    Unlock$277,400$338,100
  99.7  Unlock100.0
    Unlock90.2100.0
  85.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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