McKenzie, TN vs Troy, TN

McKenzie, TN and Troy, TN have a very similar cost of living, with only a 0.7% difference in their overall index. McKenzie scores 64 while Troy scores 64 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 McKenzie is $669/month compared to $764/month in Troy — a 12% difference. Interestingly, home values tell a different story: while McKenzie has cheaper rent, Troy actually has lower median home values ($110,800 vs $140,200).

Median household income in McKenzie is $35,988 compared to $52,656 in Troy (-31.7%). 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 McKenzie spend roughly 22.3% of their income on rent, more than the 17.4% in Troy.