Troy, AL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
91
Troy's Overall Cost Of Living
0.9x
Lower Than The National Average
73 out of 116
In Alabama
1,886 out of 6,399
In America
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 #1,887 most affordable out of the 6,522 places we measured in Alabama. By definition, that implies Troy ranks as the #4,520 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.

$154,000
Median Home Value
$687
Median Rent
$31,515
Median Income
Statistic Troy Alabama United States
Median Home Value $154,000 $142,700 $217,500
Median Rent $687 $792 $1,062
Median Income $31,515 $50,536 $62,843
Home Value To Income 4.9x 2.8x 3.5x
Rent To Monthly Income 0.26x 0.19x 0.2x

Detailed Troy Services Costs Vs. Alabama

Item Troy Alabama
Shampoo $0.93 $1.01
Movie $8.53 $10.72
Bowling $15.0 $13.86

Detailed Troy Groceries Costs Vs. Alabama

Item Troy Alabama
Ground Beef $3.21 $3.9
Fried Chicken $1.41 $1.4
Milk $2.4 $1.96

Detailed Troy Health Costs Vs. Alabama

Item Troy Alabama
Haircut $17.2 $17.49
Beauty Salon $44.6 $38.17
Toothpaste $1.9 $2.32

Detailed Troy Transportation Costs Vs. Alabama

Item Troy Alabama
Potatoes $3.66 $3.18
Pizza $10.89 $10.39
Beer $9.69 $9.23
Optometrist $86.0 $106.34
Doctor $94.0 $115.25
Dentist $65.0 $98.38

Detailed Troy Utilities Costs Vs. Alabama

Item Troy Alabama
Gasoline $2.4 $2.59
Tire Balancing $46.59 $48.9
All Electricity $168.77 $167.6
Phone $178.98 $163.42

Troy SnackAbility

6
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
4
Diversity
9
Safety
3
Amenities
8
Education
8
Commute
9

Cost Of Living In Cities Around Troy

City Population Cost Of Living Vs. Troy
Montgomery, AL 199,783 89 1.0x
Enterprise, AL 27,947 95 1.0x
Ozark, AL 14,413 84 0.9x
Eufaula, AL 12,065 88 1.0x

Articles About Alabama

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