Cost of Living: Spartanburg, SC vs Troy, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Spartanburg | Troy |
|---|---|---|
| Housing Index | 88.0 | 115.0 |
| Median Home Price | $215,000 | $375,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1280 |
Housing Comparison: Spartanburg vs Troy
- The median home price in Troy is higher at $375,000, compared to $215,000 in Spartanburg.
- The rent for a two-bedroom apartment is equal in both Spartanburg and 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 | Spartanburg | Troy |
|---|---|---|
| Electricity Price | $14.18 | $19.88 |
| Natural Gas Price | $23.51 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Spartanburg vs Troy
- Troy has higher electricity costs at $19.88 per kWh, versus $14.18 in Spartanburg.
- Natural gas is more expensive in Spartanburg at $23.51 per unit, while it is cheaper at $15.42 in Troy.
- Utility expenses are equal in both Spartanburg and Troy averaging $250.