Prescott, KS vs Troy, KS

Prescott, KS and Troy, KS have a very similar cost of living, with only a 4.1% difference in their overall index. Prescott scores 62 while Troy scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Prescott is $844/month compared to $814/month in Troy — a 4% difference. Interestingly, home values tell a different story: while Troy has cheaper rent, Prescott actually has lower median home values ($42,500 vs $109,600).

Median household income in Prescott is $40,000 compared to $50,900 in Troy (-21.4%). 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 Prescott spend roughly 25.3% of their income on rent, more than the 19.2% in Troy.