Cost of Living: Round rock, TX vs Troy, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Round rock | Troy |
|---|---|---|
| Housing Index | 98.5 | 115.0 |
| Median Home Price | $415,000 | $375,000 |
| Average Rent (2 BR Apartment) | $1700 | $1200 |
| Average Rent (2 BR House) | $1725 | $1280 |
Housing Comparison: Round rock vs Troy
- In Round rock, the median home price is higher at $415,000, while in Troy it is $375,000.
- Renting a two-bedroom apartment costs more in Round rock at $1,700 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 | Round rock | Troy |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $15.42 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Round rock vs Troy
- Troy has higher electricity costs at $19.88 per kWh, versus $14.47 in Round rock.
- Natural gas is more expensive in Round rock at $26.29 per unit, while it is cheaper at $15.42 in Troy.
- Other utility costs are higher in Round rock at an average of $280, compared to Troy with $250.