Cost of Living: Troy, TX vs Hancock, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Hancock |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $251,000 | $198,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1400 | $Data is updating |
Housing Comparison: Troy vs Hancock
- In Troy, the median home price is higher at $251,000, while in Hancock it is $198,000.
- The rent for a two-bedroom apartment is equal in both Troy and Hancock 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 | Hancock |
|---|---|---|
| Electricity Price | $14.47 | $16.38 |
| Natural Gas Price | $26.29 | $14.87 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Troy vs Hancock
- Hancock has higher electricity costs at $16.38 per kWh, versus $14.47 in Troy.
- Natural gas is more expensive in Troy at $26.29 per unit, while it is cheaper at $14.87 in Hancock.
- Utility expenses are equal in both Troy and Hancock averaging $250.