Troy, MO, presents a cost of living index that is notably below the nationwide average. Housing, for instance, stands at 85, which is 15% below the average. Groceries and transportation also follow a similar trend, each at 90, which means they are 10% lower than the national benchmark.
Utilities in Troy are slightly above the average at 95, showing only a 5% difference. Healthcare costs, however, match the national average of 100, meaning no difference here. The miscellaneous category is at 88, indicating an 12% reduction. Overall, Troy offers a more affordable living environment in most areas compared to the national average.
Job seekers looking at Troy, Missouri, will find the cost of living here to be notably lower than the national average. When compared to the nationwide average, which is set at 100, Troy's overall cost of living index stands at 90. This means that, on average, residents in Troy pay 10% less than the average American. Housing costs in Troy are notably lower, with an index of 85. This indicates residents save about 15% on housing expenses compared to the national average.
In addition to housing, groceries and transportation costs are also below the national average in Troy. Groceries have an index of 90, reflecting a 10% savings, while transportation costs at 90 also represent a 10% reduction. Utilities in Troy are just slightly above the national average at 95, showing only a 5% increase. Healthcare costs align perfectly with the national average at 100, indicating no extra expense in this category. Miscellaneous costs show a slight decrease, with an index of 88, meaning residents save around 12% in this area. Overall, Troy offers an affordable living environment for those considering a move.
