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Jackson, MI vs Troy, MI

67
Jackson
Michigan
VS
-41.5%
114
Troy
Michigan

The cost of living difference between Jackson, MI and Troy, MI is dramatic. Jackson is 41.5% cheaper than Troy, a gap that translates to thousands of dollars per year in household expenses. Jackson has a cost index of 67 while Troy sits at 114, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Jackson is $874/month compared to $1,557/month in Troy — a 44% difference. Home values follow the same pattern: Jackson is more affordable at $94,700 median vs $396,800.

Median household income in Jackson is $42,848 compared to $119,299 in Troy (-64.1%). 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 Jackson spend roughly 24.5% of their income on rent, more than the 15.7% in Troy.

Income & Cost

Cost of Living Index
Jackson
67
42% cheaper
Troy
114
Median Household Income
Jackson
$42,848
Troy
$119,299
64% higher

Housing

Median Rent
Jackson
$874
44% cheaper
Troy
$1,557
Median Home Value
Jackson
$94,700
76% cheaper
Troy
$396,800
Population
Jackson
31,206
Troy
87,307

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Jackson $2.88
Troy $3.00
US $3.07
🥚
Eggs (grade A, large)
Jackson $2.35
Troy $2.45
US $2.50
🥛
Milk (whole)
Jackson $3.79
Troy $3.94
US $4.03
🍞
Bread (white)
Jackson $1.74
Troy $1.81
US $1.85
🍗
Chicken breast
Jackson $3.90
Troy $4.06
US $4.14
Electricity
Jackson $0.19
Troy $0.20
US $0.19