Home → Michigan

Cost of Living in Troy, MI

120.6
Expensive · National average is 100

Compare Cities

$115,639
Median Income
$1,461/mo
Median Rent
$375,600
Median Home
87,170
Population

Cost Breakdown

🏠Housing
129
0Nat'l Avg (100)200
🛒Groceries
123.7
0Nat'l Avg (100)200
🚗Transportation
115.1
0Nat'l Avg (100)200
🏥Healthcare
108.2
0Nat'l Avg (100)200
⚡Utilities
116.6
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$1,140
est.
$1,286
est.
$1,461$1,870
est.
$2,133
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Troy with cities in the area

Clawson, MI
Affordable
93.4
Royal Oak, MI
Average
103.9
Rochester Hills, MI
Above Average
119.7
Birmingham, MI
Very Expensive
168.7
Madison Heights, MI
Very Affordable
84.4
Berkley, MI
Average
103.5
Compare Troy vs ClawsonCompare Troy vs Royal OakCompare Troy vs Rochester Hills