Poughkeepsie, NY vs Troy, NY

There is a significant gap in the cost of living between these two cities. Troy is 19.7% cheaper than Poughkeepsie. With a cost index of 85 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Troy to Poughkeepsie should plan for substantially higher expenses across most categories.

On the housing front, median rent in Poughkeepsie is $1,370/month compared to $1,134/month in Troy — a 21% difference. Home values follow the same pattern: Troy is more affordable at $192,500 median vs $259,200.

Median household income in Poughkeepsie is $60,050 compared to $57,688 in Troy (+4.1%). Poughkeepsie does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Poughkeepsie spend roughly 27.4% of their income on rent, more than the 23.6% in Troy.