Median rent is 4% lower in Troy ($1,175/mo vs $1,225/mo). Buying is cheaper in Warren, where the median home runs $193,400 versus $206,500. Households earn more in Warren ($64,016 vs $58,477 a year). Taken together, Troy is the more affordable choice with a cost index of 98.2 against 98.2 — about 0% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Warren, MI.
City A
Troy, NY
City B
Warren, MI
How much would you need to earn in Warren, MI to maintain your standard of living from Troy, NY?
Equivalent salary in Warren, MI
$75,008
You'd need $8 more (0% higher).
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Troy
New York
Warren
Michigan
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,175/mo in Troy and $1,225/mo in Warren. Median home values are within 6% of each other: $206,500 in Troy and $193,400 in Warren.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Troy
Income tax: N/A
Sales tax: N/A
Warren
Income tax: N/A
Sales tax: N/A
Air quality data is not yet available for these cities.
Pick Warren if you prioritize higher median household income ($64,016/yr).
Is Troy cheaper than Warren?
Troy is cheaper overall, with a cost of living index of 98.2 versus 98.2 (US average = 100). That means prices run about 0% lower in Troy.
How much is rent in Troy vs Warren?
Median rent is $1,175/mo in Troy, NY and $1,225/mo in Warren, MI. Troy, NY has the lower rent by about 4%.
Which has higher salaries — Troy or Warren?
Median household income is $58,477 in Troy, NY and $64,016 in Warren, MI. Warren, MI has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Troy or Warren?
State tax data is not yet available for one or both cities.
What salary do I need in Warren to match my Troy income?
To maintain the same purchasing power, a salary of $100,000 in Troy, NY is equivalent to roughly $100,010 in Warren, MI (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
