Cost of Living in Troy, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.8
100 = national avg
+10.8 vs national average
Living Wage (1 Adult)
$48,734
per year
Living Wage (Family of 4)
$115,189
per year
Cost Index by Category
Housing110.0
Food107.9
Transportation115.8
Healthcare106.3
Utilities106.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$995
per month
2 Bedroom
$1,218
per month
The overall cost of living index in Troy is 110.8, which is 10.8% above the national average. Housing costs are above the national average at an index of 110.0. A single adult needs to earn approximately $48,734 per year to cover basic expenses.