Cost of Living: Troy, TX vs Merced, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Troy | Merced |
|---|---|---|
| Housing Index | 95.0 | 115.0 |
| Median Home Price | $251,000 | $358,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1400 | $1825 |
Housing Comparison: Troy vs Merced
- The median home price in Merced is higher at $358,000, compared to $251,000 in Troy.
- In Merced, the rental for a two-bedroom apartment stands at $1,800, 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 | Merced |
|---|---|---|
| Electricity Price | $14.47 | $32.99 |
| Natural Gas Price | $26.29 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Troy vs Merced
- Merced has higher electricity costs at $32.99 per kWh, versus $14.47 in Troy.
- Natural gas is more expensive in Troy at $26.29 per unit, while it is cheaper at $16.99 in Merced.
- Utility expenses are equal in both Troy and Merced averaging $250.