Cost of Living: Rochester, MN vs Troy, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rochester | Troy |
|---|---|---|
| Housing Index | 120.0 | 95.0 |
| Median Home Price | $335,000 | $251,000 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1600 | $1400 |
Housing Comparison: Rochester vs Troy
- In Rochester, the median home price is higher at $335,000, while in Troy it is $251,000.
- Renting a two-bedroom apartment costs more in Rochester at $1,500 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 | Rochester | Troy |
|---|---|---|
| Electricity Price | $16.38 | $14.47 |
| Natural Gas Price | $14.87 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Rochester vs Troy
- Electricity costs are higher in Rochester at $16.38 per kWh, compared to $14.47 in Troy.
- Troy experiences higher natural gas costs at $26.29 per unit, with costs at $14.87 in Rochester.
- Utility expenses are equal in both Rochester and Troy averaging $250.