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Byron, IL vs Troy, IL

77
Byron
Illinois
VS
-9.4%
85
Troy
Illinois

Byron is moderately more affordable than Troy, with a 9.4% lower cost of living index. Byron scores 77 compared to 85 for Troy, where the US average is 100. This difference means residents of Troy can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Byron is $941/month compared to $1,060/month in Troy — a 11% difference. Home values follow the same pattern: Byron is more affordable at $182,600 median vs $240,800.

Median household income in Byron is $78,235 compared to $97,825 in Troy (-20%). While Troy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Byron spend roughly 14.4% of their income on rent, more than the 13% in Troy.

Income & Cost

Cost of Living Index
Byron
77
9% cheaper
Troy
85
Median Household Income
Byron
$78,235
Troy
$97,825
20% higher

Housing

Median Rent
Byron
$941
11% cheaper
Troy
$1,060
Median Home Value
Byron
$182,600
24% cheaper
Troy
$240,800
Population
Byron
3,742
Troy
10,889

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Byron
Troy $3.03
US $3.07
🥚
Eggs (grade A, large)
Byron
Troy $2.47
US $2.50
🥛
Milk (whole)
Byron
Troy $3.97
US $4.03
🍞
Bread (white)
Byron
Troy $1.83
US $1.85
🍗
Chicken breast
Byron
Troy $4.09
US $4.14
Electricity
Byron
Troy $0.15
US $0.19