Monahans, TX vs Troy, TX
Monahans is moderately more affordable than Troy, with a 10% lower cost of living index. Monahans scores 74 compared to 82 for Troy, where the US average is 100. This difference means residents of Troy can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Monahans is $919/month compared to $1,141/month in Troy — a 20% difference. Home values follow the same pattern: Monahans is more affordable at $159,000 median vs $188,200.
Median household income in Monahans is $70,820 compared to $81,193 in Troy (-12.8%). 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 Monahans spend roughly 15.6% of their income on rent, less than the 16.9% in Troy.
Climate-wise, both cities share similar average temperatures (65.5°F vs 67.1°F). Troy receives more rainfall at 36.4" per year compared to 11.4" in Monahans.
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NOAA 30-year normals (1991-2020)