Cost of Living: Troy, MI vs Jessup, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Jessup |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $375,000 | $151,500 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Troy vs Jessup
- In Troy, the median home price is higher at $375,000, while in Jessup it is $151,500.
- The rent for a two-bedroom apartment is equal in both Troy and Jessup 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 | Jessup |
|---|---|---|
| Electricity Price | $19.88 | $17.68 |
| Natural Gas Price | $15.42 | $17.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Troy vs Jessup
- Electricity costs are higher in Troy at $19.88 per kWh, compared to $17.68 in Jessup.
- Jessup experiences higher natural gas costs at $17.61 per unit, with costs at $15.42 in Troy.
- Utility expenses are equal in both Troy and Jessup averaging $250.