Cost of Living: Columbus, MS vs Troy, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Columbus | Troy |
|---|---|---|
| Housing Index | 75.5 | 115.0 |
| Median Home Price | $186,800 | $375,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $816 | $1280 |
Housing Comparison: Columbus vs Troy
- The median home price in Troy is higher at $375,000, compared to $186,800 in Columbus.
- Renting a two-bedroom apartment costs more in Columbus at $800 than in Troy at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Columbus | Troy |
|---|---|---|
| Electricity Price | $13.42 | $19.88 |
| Natural Gas Price | $22.19 | $15.42 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Columbus vs Troy
- Troy has higher electricity costs at $19.88 per kWh, versus $13.42 in Columbus.
- Natural gas is more expensive in Columbus at $22.19 per unit, while it is cheaper at $15.42 in Troy.
- Troy has higher utility expenses, averaging $250, while Columbus averages $200.