Rochester Hills, MI vs Troy, MI

Rochester Hills, MI and Troy, MI have a very similar cost of living, with only a 0.1% difference in their overall index. Rochester Hills scores 114 while Troy scores 114 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 Rochester Hills is $1,606/month compared to $1,557/month in Troy — a 3% difference. Interestingly, home values tell a different story: while Troy has cheaper rent, Rochester Hills actually has lower median home values ($377,400 vs $396,800).

Median household income in Rochester Hills is $119,054 compared to $119,299 in Troy (-0.2%). 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 Rochester Hills spend roughly 16.2% of their income on rent, more than the 15.7% in Troy.