Kentwood, MI vs Troy, MI
There is a significant gap in the cost of living between these two cities. Kentwood is 21% cheaper than Troy. With a cost index of 90 vs 114, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kentwood to Troy should plan for substantially higher expenses across most categories.
On the housing front, median rent in Kentwood is $1,205/month compared to $1,557/month in Troy — a 23% difference. Home values follow the same pattern: Kentwood is more affordable at $249,000 median vs $396,800.
Median household income in Kentwood is $73,647 compared to $119,299 in Troy (-38.3%). 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 Kentwood spend roughly 19.6% of their income on rent, more than the 15.7% in Troy.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area