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Portage, MI vs Troy, MI

87
Portage
Michigan
VS
-23.9%
114
Troy
Michigan

There is a significant gap in the cost of living between these two cities. Portage is 23.9% cheaper than Troy. With a cost index of 87 vs 114, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Portage to Troy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Portage is $1,120/month compared to $1,557/month in Troy — a 28% difference. Home values follow the same pattern: Portage is more affordable at $243,400 median vs $396,800.

Median household income in Portage is $79,529 compared to $119,299 in Troy (-33.3%). 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 Portage spend roughly 16.9% of their income on rent, more than the 15.7% in Troy.

Income & Cost

Cost of Living Index
Portage
87
24% cheaper
Troy
114
Median Household Income
Portage
$79,529
Troy
$119,299
33% higher

Housing

Median Rent
Portage
$1,120
28% cheaper
Troy
$1,557
Median Home Value
Portage
$243,400
39% cheaper
Troy
$396,800
Population
Portage
49,015
Troy
87,307

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Portage $2.88
Troy $3.00
US $3.07
🥚
Eggs (grade A, large)
Portage $2.35
Troy $2.45
US $2.50
🥛
Milk (whole)
Portage $3.79
Troy $3.94
US $4.03
🍞
Bread (white)
Portage $1.74
Troy $1.81
US $1.85
🍗
Chicken breast
Portage $3.90
Troy $4.06
US $4.14
Electricity
Portage $0.19
Troy $0.20
US $0.19