Troy, AL Cost Of Living

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Updated: 2020-03-08
91
Troy's Overall Cost Of Living
0.9x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Troy is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Troy, AL?

According to the most recent data on the cost of living, Troy has an overall cost of living index of 91 which is 0.9x lower than the national index of 100.

Compared to only Alabama, Troy has a cost of living index that's 1.0x higher than Alabama's index of 89.

The standard of living in Troy ranks as #1887 most affordable out of the 6522 places we measured in Alabama. By definition, that implies Troy ranks as the #4520 most expensive place in the Heart of Dixie.

For more reading on life in Troy, check out:

Troy Cost Of Living Vs. Alabama

Living Expense Troy Alabama National Average
Overall 91 89 100
Services 97 98 100
Groceries 100 96 100
Health 83 91 100
Housing 77 72 100
Transportation 92 91 100
Utilities 100 103 100
For more reading on cost of living around Alabama, check out:
Troy Cost of Living Vs. AL

Troy, AL Housing Cost Breakdown

Housing swings affordability the most between places in Alabama, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$152,300
Median Home Value
$630
Median Rent
$29,406
Median Income
Statistic Troy Alabama United States
Median Home Value $152,300 $137,200 $204,900
Median Rent $630 $772 $1,023
Median Income $29,406 $48,486 $60,293
Home Value To Income 5.2x 2.8x 3.4x
Rent To Monthly Income 0.26x 0.19x 0.2x

Troy SnackAbility

6
/10
Overall SnackAbility
Jobs
4/10
Housing
6
Affordability
4
Diversity
9
Safety
3
Amenities
8
Education
7
Commute
9

Cost Of Living In Cities Around Troy

City Population Cost Of Living Vs. Troy
Montgomery, AL 200,156 89 1.0x
Enterprise, AL 27,859 95 1.0x
Ozark, AL 14,456 84 0.9x
Eufaula, AL 12,289 88 1.0x

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