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 | Phoenix | Troy | Difference |
|---|---|---|---|
| Median rent | $1,322/mo | $1,461/mo | 9.5% lower in A |
| Median home value | $340,200 | $375,600 | 9.4% lower in A |
| Median household income | $72,092 | $115,639 | 37.7% lower in A |
| Groceries index | 104.1 | 96.3 | 8.0% higher in A |
| Utilities index | 125.1 | 91.7 | 36.4% higher in A |
| Transportation index | 104.6 | 96.9 | 8.0% higher in A |
| Healthcare index | 104.1 | 99.1 | 5.1% 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 Phoenix, you'd need $110,512 in Troy to maintain your standard of living.
Climate, safety, and demographics side by side.
Phoenix, AZ is about 9.5% cheaper overall than Troy, MI, based on our cost-of-living index. Housing costs are roughly 10% lower in Phoenix than in Troy. If you earn $80,000 in Phoenix, you'd need about $88,410 in Troy to keep the same standard of living.