Cost of Living: Troy, MI vs Waipahu, HI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Waipahu |
|---|---|---|
| Housing Index | 115.0 | 150.5 |
| Median Home Price | $375,000 | $879,000 |
| Average Rent (2 BR Apartment) | $1200 | $2700 |
| Average Rent (2 BR House) | $1280 | $2750 |
Housing Comparison: Troy vs Waipahu
- The median home price in Waipahu is higher at $879,000, compared to $375,000 in Troy.
- In Waipahu, the rental for a two-bedroom apartment stands at $2,700, 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 | Waipahu |
|---|---|---|
| Electricity Price | $19.88 | $42.45 |
| Natural Gas Price | $15.42 | $51.22 |
| Other Utilities | $250 | $320 |
Utilities Comparison: Troy vs Waipahu
- Waipahu has higher electricity costs at $42.45 per kWh, versus $19.88 in Troy.
- Waipahu experiences higher natural gas costs at $51.22 per unit, with costs at $15.42 in Troy.
- Waipahu has higher utility expenses, averaging $320, while Troy averages $250.