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Cost & Benefits

Cost of living in Troy, Tennessee

Simple answer

Typical rent is $692 a month.

Troy is a town in Tennessee. That rent number includes utilities. A typical household earns $51,711 a year.

Is Troy affordable?See benefits in Troy
People
1,827
Census average, 2020–2024
Typical rent
$692
Median gross rent, includes utilities
Typical pay
$51,711
Median household income, yearly
Typical home
$114,800
Median home value
2-bedroom fair rent
$995
Obion County, TN

Troy, Tennessee has about 1,827 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $114,800.

HUD's fair-market rent for a 2-bedroom in Obion County is $995 a month. That is the county number, not an apartment listing in Troy. It runs from October 2026 through September 2027.

Tennessee's prices sit at 91.9 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Tennessee does not tax wages. A typical combined sales tax is 9.6% as of January 1, 2026. That mix is statewide, not Troy's exact store tax.

In July 2026, a typical Tennessee home paid 13.71¢ per kilowatt-hour. That is a state average from EIA, not Troy's bill.

EIA did not publish a 2025 all-grades gas price for Tennessee in the table we use.

Among 278 places we list in Tennessee with a rent figure, 240 have higher typical rent than Troy.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near TroyWhat EBT can buy in Tennessee

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Tennessee

Bigger places in Tennessee

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.