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Moravian Falls, NC vs Troy, NC

71
Moravian Falls
North Carolina
VS
+17.6%
60
Troy
North Carolina

There is a significant gap in the cost of living between these two cities. Troy is 17.6% cheaper than Moravian Falls. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Troy to Moravian Falls should plan for substantially higher expenses across most categories.

On the housing front, median rent in Moravian Falls is $797/month compared to $554/month in Troy — a 44% difference. Home values follow the same pattern: Troy is more affordable at $134,500 median vs $189,500.

Median household income in Moravian Falls is $57,262 compared to $60,167 in Troy (-4.8%). 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 Moravian Falls spend roughly 16.7% of their income on rent, more than the 11% in Troy.

Income & Cost

Cost of Living Index
Moravian Falls
71
Troy
60
15% cheaper
Median Household Income
Moravian Falls
$57,262
Troy
$60,167
5% higher

Housing

Median Rent
Moravian Falls
$797
Troy
$554
30% cheaper
Median Home Value
Moravian Falls
$189,500
Troy
$134,500
29% cheaper
Population
Moravian Falls
1,015
Troy
2,905

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Moravian Falls $2.97
Troy $2.97
US $3.07
🥚
Eggs (grade A, large)
Moravian Falls $2.42
Troy $2.42
US $2.50
🥛
Milk (whole)
Moravian Falls $3.90
Troy $3.90
US $4.03
🍞
Bread (white)
Moravian Falls $1.79
Troy $1.79
US $1.85
🍗
Chicken breast
Moravian Falls $4.01
Troy $4.01
US $4.14
Electricity
Moravian Falls $0.16
Troy $0.16
US $0.19