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New Troy, MI vs Pigeon, MI

75
New Troy
Michigan
VS
+7.7%
70
Pigeon
Michigan

Pigeon is moderately more affordable than New Troy, with a 7.7% lower cost of living index. New Troy scores 75 compared to 70 for Pigeon, where the US average is 100. This difference means residents of New Troy can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Troy is $975/month compared to $929/month in Pigeon — a 5% difference. Home values follow the same pattern: Pigeon is more affordable at $108,100 median vs $174,400.

Median household income in New Troy is $60,250 compared to $49,500 in Pigeon (+21.7%). While New 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 New Troy spend roughly 19.4% of their income on rent, less than the 22.5% in Pigeon.

Income & Cost

Cost of Living Index
New Troy
75
Pigeon
70
7% cheaper
Median Household Income
New Troy
$60,250
18% higher
Pigeon
$49,500

Housing

Median Rent
New Troy
$975
Pigeon
$929
5% cheaper
Median Home Value
New Troy
$174,400
Pigeon
$108,100
38% cheaper
Population
New Troy
379
Pigeon
1,093

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Troy $2.88
Pigeon
US $3.07
🥚
Eggs (grade A, large)
New Troy $2.35
Pigeon
US $2.50
🥛
Milk (whole)
New Troy $3.79
Pigeon
US $4.03
🍞
Bread (white)
New Troy $1.74
Pigeon
US $1.85
🍗
Chicken breast
New Troy $3.90
Pigeon
US $4.14
Electricity
New Troy $0.18
Pigeon
US $0.19