Cost of Living in Troy, NY
Overall index: 76 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Overall
76
↓ -24% vs US
Cost Breakdown by Category
Housing
55
↓ -45% vs US
$794 Median rent (1BR)
Transportation
112
↑ +12% vs US
$3.50 Gas price (gal)
Food
77
↓ -23% vs US
$316 Groceries / month
Utilities
78
↓ -22% vs US
$99 Utilities / month
Healthcare
78
↓ -22% vs US
$72 Doctor visit
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 55 | -45% | $794 |
| Transportation | 112 | +12% | $3.50 |
| Food | 77 | -23% | $316 |
| Utilities | 78 | -22% | $99 |
| Healthcare | 78 | -22% | $72 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Troy?
A single adult living comfortably in Troy, NY needs approximately $26,600 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Troy, NY?
The overall cost of living in Troy, NY is 24% lower than the US national average (index: 76 where 100 = national average).
How much is rent in Troy, NY?
Average rent for a 1-bedroom apartment in Troy, NY is about $794/month.
Is Troy, NY expensive to live in?
No, Troy, NY is affordable (below national average).
What salary do I need to live in Troy, NY?
A single adult needs roughly $26,600/year to cover basic living costs in Troy, NY.