Cost of Living: Troy, TX vs Glenwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Glenwood |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $251,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1400 | $840 |
Housing Comparison: Troy vs Glenwood
- In Troy, the median home price is higher at $251,000, while in Glenwood it is $150,000.
- In Glenwood, the rental for a two-bedroom apartment stands at $800, 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 | Glenwood |
|---|---|---|
| Electricity Price | $14.47 | $12.36 |
| Natural Gas Price | $26.29 | $17.08 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Troy vs Glenwood
- Electricity costs are higher in Troy at $14.47 per kWh, compared to $12.36 in Glenwood.
- Natural gas is more expensive in Troy at $26.29 per unit, while it is cheaper at $17.08 in Glenwood.
- Utility expenses are equal in both Troy and Glenwood averaging $250.