Troy, NY vs Utica, NY

There is a significant gap in the cost of living between these two cities. Utica is 19.2% cheaper than Troy. With a cost index of 71 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Utica to Troy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Troy is $1,134/month compared to $907/month in Utica — a 25% difference. Home values follow the same pattern: Utica is more affordable at $133,400 median vs $192,500.

Median household income in Troy is $57,688 compared to $51,513 in Utica (+12%). The higher salaries in Troy partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Troy spend roughly 23.6% of their income on rent, more than the 21.1% in Utica.