Syracuse, NY vs Troy, NY

Syracuse is moderately more affordable than Troy, with a 12.4% lower cost of living index. Syracuse scores 74 compared to 85 for Troy, where the US average is 100. This difference means residents of Troy can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Syracuse is $998/month compared to $1,134/month in Troy — a 12% difference. Home values follow the same pattern: Syracuse is more affordable at $125,100 median vs $192,500.

Median household income in Syracuse is $45,845 compared to $57,688 in Troy (-20.5%). 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 Syracuse spend roughly 26.1% of their income on rent, more than the 23.6% in Troy.