Cost of Living in Troy, TN

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15%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
44%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Troy Tennessee National
Cost of living8592100
Groceries9998100
Health care9797100
Housing5680100
Transportation9497100
Utilities9698100
Lifestyle & Entertainment9697100
Household Items10198100
Education & Childcare10197100
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Homes For Sale In Troy, TN

property for sale

1400 W Highway 21

Troy, TN
property for sale

1497 W Highway 22

Union City, TN
property for sale

Jack Long Rd

Troy, TN
property for sale

405 Four Pines Pl

Troy, TN

Cost Of Living Quick Facts

  • The cost of living in Troy is 8% lower than the Tennessee average
  • The cost of living in Troy is 15% lower than the national average
  • Troy housing is 44% lower than the national average
  • Tennessee general sales tax is 37% higher than the national average
  • Tennessee state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Troy

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Compare Troy, TN Cost of Living

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      Salary Calculator

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$77,494$6,458$1,808$2,325
      Renters$40,067$3,339$935$1,202

      Tennessee Sales Tax

      State General Sales Tax With Max Surtax
      Tennessee 7% 9.75%

      Tennessee Income Tax

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

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cayce, KY146973.0%
      Trimble, TN8018118.6%
      Hornbeak, TN5378217.5%
      Kenton, TN1,4848317.5%
      Rutherford, TN1,1098317.4%
      Troy, TN1,8988514.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kingstown, MD1,89811414.5%
      South Paris, ME1,898936.8%
      Waterville, MN1,898937.0%
      Lynnwood-Pricedale, PA1,8989010.2%
      Encantada-Ranchito-El Calaboz, TX1,8987822.1%
      Troy, TN1,8988514.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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