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Bolivar, TN vs Troy, TN

68
Bolivar
Tennessee
VS
+6.2%
64
Troy
Tennessee

Troy is moderately more affordable than Bolivar, with a 6.2% lower cost of living index. Bolivar scores 68 compared to 64 for Troy, where the US average is 100. This difference means residents of Bolivar can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bolivar is $827/month compared to $764/month in Troy — a 8% difference. Home values follow the same pattern: Troy is more affordable at $110,800 median vs $136,000.

Median household income in Bolivar is $38,575 compared to $52,656 in Troy (-26.7%). Troy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bolivar spend roughly 25.7% of their income on rent, more than the 17.4% in Troy.

Income & Cost

Cost of Living Index
Bolivar
68
Troy
64
6% cheaper
Median Household Income
Bolivar
$38,575
Troy
$52,656
27% higher

Housing

Median Rent
Bolivar
$827
Troy
$764
8% cheaper
Median Home Value
Bolivar
$136,000
Troy
$110,800
19% cheaper
Population
Bolivar
5,171
Troy
1,915

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