Housing costs in Troy?
A typical home costs
$248,600, which is 26.5% less expensive than the national average of
$338,100 and 17.1% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Troy costs
$960 per month, which is 1.1% more than the national average of
$950 and 3.1% cheaper than the state average of
$990.
Can I afford Troy?
To live comfortably in Troy (zip 63379), Missouri, a minimum annual income of
$47,520 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Troy?
The cost of living in 63379 Troy, MO is generally considered to be very affordable. The median home value for the area is approximately $160,000 which is significantly lower than the U.S. national average of $229,700 and represents a great value for prospective buyers looking to relocate to the area. Additionally, rents are quite reasonable and range from about $550-$750 per month depending on the size of the apartment or house. Groceries and other everyday items also tend to be slightly cheaper than most major cities due to the lower cost of living in the area. All in all, Troy provides a great opportunity for those looking for an affordable city with all of the amenities that come with living in a smaller town.