City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Austin | Troy | Difference |
|---|---|---|---|
| Median rent | $1,549/mo | $1,461/mo | 6.0% higher in A |
| Median home value | $461,500 | $375,600 | 22.9% higher in A |
| Median household income | $86,556 | $115,639 | 25.1% lower in A |
| Groceries index | 104.2 | 106.3 | 2.0% lower in A |
| Utilities index | 102.6 | 93.3 | 9.9% higher in A |
| Transportation index | 91.7 | 99.2 | 7.6% lower in A |
| Healthcare index | 110.4 | 101.9 | 8.3% higher in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Austin, you'd need $97,590 in Troy to maintain your standard of living.
Climate, safety, and demographics side by side.
Troy, MI is about 2.4% cheaper overall than Austin, TX, based on our cost-of-living index. Housing costs are roughly 6% lower in Troy than in Austin. If you earn $80,000 in Austin, you'd need about $78,072 in Troy to keep the same standard of living.