Cost of Living: Troy, MI vs Florence, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Florence |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $375,000 | $450,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Troy vs Florence
- The median home price in Florence is higher at $450,000, compared to $375,000 in Troy.
- The rent for a two-bedroom apartment is equal in both Troy and Florence 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 | Troy | Florence |
|---|---|---|
| Electricity Price | $19.88 | $15.12 |
| Natural Gas Price | $15.42 | $16.5 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Troy vs Florence
- Electricity costs are higher in Troy at $19.88 per kWh, compared to $15.12 in Florence.
- Florence experiences higher natural gas costs at $16.5 per unit, with costs at $15.42 in Troy.
- Utility expenses are equal in both Troy and Florence averaging $250.