Troy, MO, stands out with a cost of living index of 89, which is 11% below the nationwide average of 100. This means that residents in Troy generally spend less on most aspects of living compared to the national average. Housing in Troy costs 22% less, while groceries are 5% less, utilities 10% less, and transportation 15% less. These savings, however, balance out with healthcare costs matching the national average and miscellaneous expenses being 2% below average.
Troy, Missouri, stands out for its notably lower cost of living compared to the national average. With a cost of living index set at 100, Troy's housing index is significantly lower, at 78. This means that housing costs in Troy are 22% less than the nationwide average. People looking for affordable housing will find Troy to be a great option.
When it comes to other daily expenses, Troy also offers competitive rates. For example, groceries cost about 95 on the index, which is 5% below the national average. Utilities and transportation each have indices of 90 and 85, respectively. This means that utilities are 10% cheaper, and transportation costs are 15% lower in Troy than the national average. These savings make Troy an attractive choice for those seeking a more affordable lifestyle without sacrificing too much.