Lafayette, TN vs Troy, TN

There is a significant gap in the cost of living between these two cities. Troy is 16.7% cheaper than Lafayette. With a cost index of 64 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Troy to Lafayette should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lafayette is $847/month compared to $764/month in Troy — a 11% difference. Home values follow the same pattern: Troy is more affordable at $110,800 median vs $189,800.

Median household income in Lafayette is $44,924 compared to $52,656 in Troy (-14.7%). Troy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lafayette spend roughly 22.6% of their income on rent, more than the 17.4% in Troy.