Troy, AL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
87
Troy's Overall Cost Of Living
0.9x
Lower Than The National Average
39 out of 115
In Alabama
1,101 out of 6,412
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 87 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 lower than Alabama's index of 90.

The standard of living in Troy ranks as #1,101 most affordable out of the 6,418 places we measured in Alabama. By definition, that implies Troy ranks as the #5,317 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 87 90 100
Services 94 98 100
Groceries 99 98 100
Health 84 92 100
Housing 79 73 100
Transportation 93 91 100
Utilities 101 103 100
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.

$160,800
Median Home Value
$740
Median Rent
$34,603
Median Income
Statistic Troy Alabama United States
Median Home Value $160,800 $149,600 $229,800
Median Rent $740 $811 $1,096
Median Income $34,603 $52,035 $64,994
Home Value To Income 4.6x 2.9x 3.5x
Rent To Monthly Income 0.26x 0.19x 0.2x

Detailed Troy Services Costs Vs. Alabama

Item Troy Alabama
Shampoo $1.0 $1.06
Movie $8.42 $10.68
Bowling $16.47 $14.67

Detailed Troy Groceries Costs Vs. Alabama

Item Troy Alabama
Ground Beef $3.53 $4.22
Fried Chicken $1.37 $1.39
Milk $2.42 $2.05

Detailed Troy Health Costs Vs. Alabama

Item Troy Alabama
Haircut $17.8 $18.62
Beauty Salon $41.47 $39.05
Toothpaste $2.21 $2.34

Detailed Troy Transportation Costs Vs. Alabama

Item Troy Alabama
Potatoes $3.21 $3.29
Pizza $9.59 $10.62
Beer $9.69 $9.38
Optometrist $85.33 $108.57
Doctor $92.87 $116.17
Dentist $68.27 $99.13

Detailed Troy Utilities Costs Vs. Alabama

Item Troy Alabama
Gasoline $1.99 $2.22
Tire Balancing $47.39 $50.07
All Electricity $167.8 $167.67
Phone $181.81 $175.64

Troy SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
4
Diversity
9
Safety
N/A
Amenities
8
Education
8.5
Commute
8.5

Cost Of Living In Cities Around Troy

City Population Cost Of Living Vs. Troy
Montgomery, AL 199,054 86 1.0x
Enterprise, AL 28,170 95 1.1x
Ozark, AL 14,350 86 1.0x
Eufaula, AL 11,878 88 1.0x

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