Cost of Living: Troy, MI vs Sugar land, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Sugar land |
|---|---|---|
| Housing Index | 115.0 | 110.0 |
| Median Home Price | $375,000 | $398,000 |
| Average Rent (2 BR Apartment) | $1200 | $2100 |
| Average Rent (2 BR House) | $1280 | $2150 |
Housing Comparison: Troy vs Sugar land
- The median home price in Sugar land is higher at $398,000, compared to $375,000 in Troy.
- In Sugar land, the rental for a two-bedroom apartment stands at $2,100, 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 | Sugar land |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $15.42 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Troy vs Sugar land
- Electricity costs are higher in Troy at $19.88 per kWh, compared to $14.47 in Sugar land.
- Sugar land experiences higher natural gas costs at $26.29 per unit, with costs at $15.42 in Troy.
- Utility expenses are equal in both Troy and Sugar land averaging $250.