Cost Of Living in Troy, TX

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Troy	Texas	National
Cost of living	89	92	100
Goods & Services	90	96	100
Groceries	91	96	100
Health care	106	94	100
Housing	78	83	100
Transportation	90	92	100
Utilities	110	104	100

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Cost Of Living Quick Facts

The cost of living in Troy is 4% lower than the Texas average
The cost of living in Troy is 11% lower than the national average
Troy housing is 22% lower than the national average
Texas general sales tax is 22% higher than the national average
Texas state income tax is 100% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$61,827	$5,152	$1,443	$1,855
Renters	$55,238	$4,603	$1,289	$1,657

Texas Sales Tax

State	General Sales Tax	With Max Surtax
Texas	6.25%	8.25%

Texas Income Tax

State	Income Tax (Low)	Income Tax (High)
Texas	0%	0%

Goods & Services

Item	Troy	National avg.	Difference
Haircut	$21.28	$24.26	12.3%
Beauty Salon	$50.28	$45.56	10.3%
Toothpaste	$3.57	$3.70	3.7%
Shampoo	$1.35	$1.28	5.7%
Movie	$10.03	$12.13	17.3%
Bowling	$20.06	$18.00	11.4%

Groceries

Item	Troy	National avg.	Difference
Ground Beef	$5.71	$5.84	2.3%
Fried Chicken	$1.32	$1.57	16.1%
Milk	$4.56	$4.67	2.5%
Potatoes	$3.98	$4.93	19.3%
Pizza	$10.63	$12.09	12.1%
Beer	$9.91	$10.41	4.8%

Health Care

Item	Troy	National avg.	Difference
Optometrist	$129.92	$125.68	3.4%
Doctor	$106.41	$135.78	21.6%
Dentist	$105.82	$113.29	6.6%
Ibuprofen	$10.32	$10.65	3.1%
Lipitor	$466.19	$468.60	0.5%

Housing

Item	Troy	National avg.	Difference
Home Price	$129,300.00	$184,700.00	30.0%
Avg. Mortgage Payment	$2,164.77	$2,346.69	7.8%
Apartment Rent	$930.00	$949.00	2.0%

Transportation

Item	Troy	National avg.	Difference
Gasoline	$3.18	$3.46	8.0%
Tire Balancing	$52.82	$59.92	11.8%

Utilities

Item	Troy	National avg.	Difference
All Electricity	$152.98	$193.99	21.1%
Phone	$207.96	$192.25	8.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Chilton, TX	671	80	20.0%
Moody, TX	1,525	82	18.1%
Golinda, TX	656	87	12.6%
Bruceville-Eddy, TX	1,675	86	13.5%
Little River-Academy, TX	2,139	90	10.4%
Troy, TX	3,023	89	10.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Arcadia, WI	3,023	93	6.9%
Ingalls Park, IL	3,022	94	6.5%
Cliffwood Beach, NJ	3,024	117	17.0%
Lake Nacimiento, CA	3,021	140	40.5%
Shuniah, ON	3,021	n/a
Troy, TX	3,023	89	10.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Troy, TX