New Troy, MI vs Stevensville, MI
New Troy is moderately more affordable than Stevensville, with a 7.2% lower cost of living index. New Troy scores 75 compared to 81 for Stevensville, where the US average is 100. This difference means residents of Stevensville 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 $1,126/month in Stevensville — a 13% difference. Home values follow the same pattern: New Troy is more affordable at $174,400 median vs $190,000.
Median household income in New Troy is $60,250 compared to $75,069 in Stevensville (-19.7%). While Stevensville 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, more than the 18% in Stevensville.
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