Housing costs in Troy?
A typical home costs
$206,100, which is 39.0% less expensive than the national average of
$338,100 and 50.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Troy costs
$1,080 per month, which is 44.9% cheaper than the national average of
$1,960 and 21.3% cheaper than the state average of
$1,310.
Can I afford Troy?
To live comfortably in Troy (zip 12182), New York, a minimum annual income of
$39,600 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Troy?
The cost of living in 12182 Troy, NY is considered to be relatively high compared to other cities and states in the US. According to recent statistics, the overall cost of living index for Troy is 128.8, which is 28.8% more than the national average. This means that goods and services in this area are more expensive than average. The most expensive part of living in Troy is housing, where the median home cost in 2019 was $198,300 according to Zillow. Grocery prices are also higher than the US average; however, transportation costs are slightly lower than national rates. Overall, Troy is an expensive place to live but has plenty of amenities and attractions that make it a desirable place to call home.