Jonesboro, IN vs Troy, IN

Jonesboro, IN and Troy, IN have a very similar cost of living, with only a 2% difference in their overall index. Jonesboro scores 67 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 Jonesboro is $917/month compared to $906/month in Troy — a 1% difference. Interestingly, home values tell a different story: while Troy has cheaper rent, Jonesboro actually has lower median home values ($74,900 vs $95,600).

Median household income in Jonesboro is $44,637 compared to $50,000 in Troy (-10.7%). 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 Jonesboro spend roughly 24.7% of their income on rent, more than the 21.7% in Troy.