Cost of Living: Troy, MI vs Mantua, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Mantua |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $375,000 | $286,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Troy vs Mantua
- In Troy, the median home price is higher at $375,000, while in Mantua it is $286,000.
- The rent for a two-bedroom apartment is equal in both Troy and Mantua 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 | Mantua |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $15.42 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Troy vs Mantua
- Electricity costs are the same in both Troy and Mantua at $19.88 per kWh.
- Natural gas is more expensive in Troy at $15.42 per unit, while it is cheaper at $14.01 in Mantua.
- Utility expenses are equal in both Troy and Mantua averaging $250.