Cost of Living in Troy, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.8
100 = national avg
-17.2 vs national average
Living Wage (1 Adult)
$36,432
per year
Living Wage (Family of 4)
$86,112
per year
Cost Index by Category
Housing63.2
Food96.0
Transportation92.0
Healthcare96.8
Utilities90.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$794
per month
2 Bedroom
$925
per month
The overall cost of living index in Troy is 82.8, which is 17.2% below the national average. Housing costs are below the national average at an index of 63.2. A single adult needs to earn approximately $36,432 per year to cover basic expenses.