Cost of Living: Dearborn, MI vs Mount juliet, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Dearborn | Mount juliet |
|---|---|---|
| Housing Index | 110.0 | 95.0 |
| Median Home Price | $205,000 | $364,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1280 | $1600 |
Housing Comparison: Dearborn vs Mount juliet
- The median home price in Mount juliet is higher at $364,000, compared to $205,000 in Dearborn.
- In Mount juliet, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Dearborn.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Dearborn | Mount juliet |
|---|---|---|
| Electricity Price | $19.88 | $12.57 |
| Natural Gas Price | $15.42 | $12.35 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Dearborn vs Mount juliet
- Electricity costs are higher in Dearborn at $19.88 per kWh, compared to $12.57 in Mount juliet.
- Natural gas is more expensive in Dearborn at $15.42 per unit, while it is cheaper at $12.35 in Mount juliet.
- Utility expenses are equal in both Dearborn and Mount juliet averaging $250.