Cost of Living in Troy, TX
Housing
The housing market plays a significant role in determining the cost of living in Troy, TX.
- Housing Index: 95.0 / 100
- Median Home Price is: $251,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1400 per month
Considering the data for Troy, TX, the housing index stands at 95.0, indicating a relatively affordable market compared to the national average. With a median home price of 251000 and average rents of 1200 for an apartment and 1400 for a house, it's important to evaluate both buying and renting options. The cost of living might also be affected by factors such as local amenities and job opportunities, so weigh these alongside the housing costs. It may be the right time to explore ownership or renting in this promising market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Troy, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Troy, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 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.