Cost of Living in Troy, PA
Housing
The housing market plays a significant role in determining the cost of living in Troy, PA.
- Housing Index: 85.0 / 100
- Median Home Price is: $184000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Analyzing the cost of living in Troy, PA, the housing index of 85.0 indicates a comparatively affordable housing environment, especially if we consider the median home price of 184000. The average rent for a 2-bedroom apartment stands at 1200, while renting a 2-bedroom house costs slightly more at 1280. This scenario may suggest a favorable market for buyers and renters alike, positioning Troy as an attractive option for families and individuals looking to relocate without breaking the bank.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Troy, PA.
- Electricity Price: $17.68 USD (median by state)
- Natural Gas Price: $17.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Troy, PA could entail higher utility costs. Electricity costs sit at $17.68, while natural gas is priced at $17.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Troy is a financially viable option for your relocation.