The cost of living index in Troy, IL, shows that residents experience living costs that are generally lower than the nationwide average. Housing costs in Troy are 15% below the average, groceries are 10% below, and utilities are 5% below. While transportation and healthcare costs in Troy are slightly above the average at 8% and 3% respectively, miscellaneous expenses are 12% below. Overall, residents find that living in Troy offers a more affordable lifestyle compared to the national average.
Troy, IL has a lower cost of living compared to the nationwide average, making it an attractive option for job seekers. The housing index in Troy is 85, which is 15% below the national average of 100. This means residents can expect to pay 15% less for housing than the average American. In addition, groceries cost 90 in Troy, which is only 10% below the national average. This small difference makes it easier for residents to budget for food without significant strain.
Utilities in Troy are slightly below the national average at 95, which is a 5% reduction. This small savings can add up over time, offering financial relief to households. Transportation costs in Troy are at 92, which is 8% below the national average. This means that commuting and general transportation expenses are more affordable for Troy residents. Healthcare costs in Troy are slightly higher at 97, which is 3% above the national average. However, miscellaneous expenses in Troy are at 88, which is 12% below the national average. Overall, Troy provides a cost-effective lifestyle with several categories below the national average.
