Burket, IN vs Troy, IN

Burket, IN and Troy, IN have a very similar cost of living, with only a 1.8% difference in their overall index. Burket scores 69 while Troy scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Burket is $900/month compared to $906/month in Troy — a 1% difference. Interestingly, home values tell a different story: while Burket has cheaper rent, Troy actually has lower median home values ($95,600 vs $112,500).

Median household income in Burket is $48,833 compared to $50,000 in Troy (-2.3%). 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 Burket spend roughly 22.1% of their income on rent, more than the 21.7% in Troy.