Cost of Living: Fresno, CA vs Troy, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fresno | Troy |
|---|---|---|
| Housing Index | 120.5 | 115.0 |
| Median Home Price | $355,000 | $375,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1850 | $1280 |
Housing Comparison: Fresno vs Troy
- The median home price in Troy is higher at $375,000, compared to $355,000 in Fresno.
- Renting a two-bedroom apartment costs more in Fresno at $1,800 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 | Fresno | Troy |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Fresno vs Troy
- Electricity costs are higher in Fresno at $32.99 per kWh, compared to $19.88 in Troy.
- Natural gas is more expensive in Fresno at $16.99 per unit, while it is cheaper at $15.42 in Troy.
- Utility expenses are equal in both Fresno and Troy averaging $250.