Cost of Living: Montgomery, AL vs Troy, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montgomery | Troy |
|---|---|---|
| Housing Index | 89.0 | 85.0 |
| Median Home Price | $250,000 | $184,000 |
| Average Rent (2 BR Apartment) | $950 | $1200 |
| Average Rent (2 BR House) | $1000 | $1280 |
Housing Comparison: Montgomery vs Troy
- In Montgomery, the median home price is higher at $250,000, while in Troy it is $184,000.
- Renting a two-bedroom apartment costs more in Montgomery at $950 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 | Montgomery | Troy |
|---|---|---|
| Electricity Price | $15.03 | $17.68 |
| Natural Gas Price | $21.76 | $17.61 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Montgomery vs Troy
- Troy has higher electricity costs at $17.68 per kWh, versus $15.03 in Montgomery.
- Natural gas is more expensive in Montgomery at $21.76 per unit, while it is cheaper at $17.61 in Troy.
- Troy has higher utility expenses, averaging $250, while Montgomery averages $220.