Rome, NY vs Troy, NY

There is a significant gap in the cost of living between these two cities. Rome is 17.1% cheaper than Troy. With a cost index of 70 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rome to Troy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Rome is $871/month compared to $1,134/month in Troy — a 23% difference. Home values follow the same pattern: Rome is more affordable at $137,200 median vs $192,500.

Median household income in Rome is $58,857 compared to $57,688 in Troy (+2%). Rome offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Rome spend roughly 17.8% of their income on rent, less than the 23.6% in Troy.