Cost of Living: Peoria, IL vs Troy, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Peoria | Troy |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $194,000 | $251,000 |
| Average Rent (2 BR Apartment) | $900 | $1200 |
| Average Rent (2 BR House) | $920 | $1400 |
Housing Comparison: Peoria vs Troy
- The median home price in Troy is higher at $251,000, compared to $194,000 in Peoria.
- Renting a two-bedroom apartment costs more in Peoria at $900 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 | Peoria | Troy |
|---|---|---|
| Electricity Price | $16.15 | $14.47 |
| Natural Gas Price | $16.59 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Peoria vs Troy
- Electricity costs are higher in Peoria at $16.15 per kWh, compared to $14.47 in Troy.
- Troy experiences higher natural gas costs at $26.29 per unit, with costs at $16.59 in Peoria.
- Utility expenses are equal in both Peoria and Troy averaging $250.