Charleston, MO vs Troy, MO

There is a significant gap in the cost of living between these two cities. Charleston is 23.5% cheaper than Troy. With a cost index of 63 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Charleston to Troy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Charleston is $734/month compared to $1,051/month in Troy — a 30% difference. Home values follow the same pattern: Charleston is more affordable at $107,700 median vs $212,100.

Median household income in Charleston is $35,139 compared to $75,777 in Troy (-53.6%). 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 Charleston spend roughly 25.1% of their income on rent, more than the 16.6% in Troy.