Lockport, NY vs Troy, NY

There is a significant gap in the cost of living between these two cities. Lockport is 15.3% cheaper than Troy. With a cost index of 72 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lockport to Troy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lockport is $909/month compared to $1,134/month in Troy — a 20% difference. Home values follow the same pattern: Lockport is more affordable at $131,800 median vs $192,500.

Median household income in Lockport is $59,153 compared to $57,688 in Troy (+2.5%). Lockport offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lockport spend roughly 18.4% of their income on rent, less than the 23.6% in Troy.