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Sterling Heights, MI vs Troy, MI

94
Sterling Heights
Michigan
VS
-17.5%
114
Troy
Michigan

There is a significant gap in the cost of living between these two cities. Sterling Heights is 17.5% cheaper than Troy. With a cost index of 94 vs 114, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sterling Heights to Troy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Sterling Heights is $1,267/month compared to $1,557/month in Troy — a 19% difference. Home values follow the same pattern: Sterling Heights is more affordable at $260,700 median vs $396,800.

Median household income in Sterling Heights is $78,429 compared to $119,299 in Troy (-34.3%). 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 Sterling Heights spend roughly 19.4% of their income on rent, more than the 15.7% in Troy.

Income & Cost

Cost of Living Index
Sterling Heights
94
17% cheaper
Troy
114
Median Household Income
Sterling Heights
$78,429
Troy
$119,299
34% higher

Housing

Median Rent
Sterling Heights
$1,267
19% cheaper
Troy
$1,557
Median Home Value
Sterling Heights
$260,700
34% cheaper
Troy
$396,800
Population
Sterling Heights
133,473
Troy
87,307

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Sterling Heights $3.00
Troy $3.00
US $3.07
🥚
Eggs (grade A, large)
Sterling Heights $2.45
Troy $2.45
US $2.50
🥛
Milk (whole)
Sterling Heights $3.94
Troy $3.94
US $4.03
🍞
Bread (white)
Sterling Heights $1.81
Troy $1.81
US $1.85
🍗
Chicken breast
Sterling Heights $4.06
Troy $4.06
US $4.14
Electricity
Sterling Heights $0.20
Troy $0.20
US $0.19