Rockwood, TN vs Troy, TN

Rockwood, TN and Troy, TN have a very similar cost of living, with only a 1% difference in their overall index. Rockwood scores 65 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 Rockwood is $725/month compared to $764/month in Troy — a 5% difference. Interestingly, home values tell a different story: while Rockwood has cheaper rent, Troy actually has lower median home values ($110,800 vs $132,100).

Median household income in Rockwood is $37,867 compared to $52,656 in Troy (-28.1%). Troy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Rockwood spend roughly 23% of their income on rent, more than the 17.4% in Troy.