Cost of Living: Troy, MI vs Fort dodge, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Fort dodge |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $375,000 | $159,000 |
| Average Rent (2 BR Apartment) | $1200 | $900 |
| Average Rent (2 BR House) | $1280 | $960 |
Housing Comparison: Troy vs Fort dodge
- In Troy, the median home price is higher at $375,000, while in Fort dodge it is $159,000.
- In Fort dodge, the rental for a two-bedroom apartment stands at $900, while it is $1,200 in Troy.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Troy | Fort dodge |
|---|---|---|
| Electricity Price | $19.88 | $14.82 |
| Natural Gas Price | $15.42 | $15.61 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Troy vs Fort dodge
- Electricity costs are higher in Troy at $19.88 per kWh, compared to $14.82 in Fort dodge.
- Fort dodge experiences higher natural gas costs at $15.61 per unit, with costs at $15.42 in Troy.
- Other utility costs are higher in Troy at an average of $250, compared to Fort dodge with $200.