Cost of Living: Troy, MI vs Temecula, CA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Troy Temecula
Housing Index 115.0 130.2
Median Home Price $375,000 $674,000
Average Rent (2 BR Apartment) $1200 $2200
Average Rent (2 BR House) $1280 $2285.6

Housing Comparison: Troy vs Temecula

  • The median home price in Temecula is higher at $674,000, compared to $375,000 in Troy.
  • In Temecula, the rental for a two-bedroom apartment stands at $2,200, 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 Temecula
Electricity Price $19.88 $32.99
Natural Gas Price $15.42 $16.99
Other Utilities $250 $250

Utilities Comparison: Troy vs Temecula

  • Temecula has higher electricity costs at $32.99 per kWh, versus $19.88 in Troy.
  • Temecula experiences higher natural gas costs at $16.99 per unit, with costs at $15.42 in Troy.
  • Utility expenses are equal in both Troy and Temecula averaging $250.