Cortland, NY vs Troy, NY

Cortland is moderately more affordable than Troy, with a 12.8% lower cost of living index. Cortland scores 74 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 Cortland is $893/month compared to $1,134/month in Troy — a 21% difference. Home values follow the same pattern: Cortland is more affordable at $143,800 median vs $192,500.

Median household income in Cortland is $55,368 compared to $57,688 in Troy (-4%). Troy does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Cortland spend roughly 19.4% of their income on rent, less than the 23.6% in Troy.