Cost of Living: Troy, PA vs Detroit, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Detroit |
|---|---|---|
| Housing Index | 85.0 | 72.0 |
| Median Home Price | $184,000 | $100,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1360 |
Housing Comparison: Troy vs Detroit
- In Troy, the median home price is higher at $184,000, while in Detroit it is $100,000.
- The rent for a two-bedroom apartment is equal in both Troy and Detroit 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 | Detroit |
|---|---|---|
| Electricity Price | $17.68 | $19.88 |
| Natural Gas Price | $17.61 | $15.42 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Troy vs Detroit
- Detroit has higher electricity costs at $19.88 per kWh, versus $17.68 in Troy.
- Natural gas is more expensive in Troy at $17.61 per unit, while it is cheaper at $15.42 in Detroit.
- Other utility costs are higher in Troy at an average of $250, compared to Detroit with $200.