Cost of Living: Essex, NY vs Sterling heights, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Essex | Sterling heights |
|---|---|---|
| Housing Index | 115.0 | 92.0 |
| Median Home Price | $275,000 | $234,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1700 | $1300 |
Housing Comparison: Essex vs Sterling heights
- In Essex, the median home price is higher at $275,000, while in Sterling heights it is $234,000.
- Renting a two-bedroom apartment costs more in Essex at $1,600 than in Sterling heights at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Essex | Sterling heights |
|---|---|---|
| Electricity Price | $26.08 | $19.88 |
| Natural Gas Price | $18.13 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Essex vs Sterling heights
- Electricity costs are higher in Essex at $26.08 per kWh, compared to $19.88 in Sterling heights.
- Natural gas is more expensive in Essex at $18.13 per unit, while it is cheaper at $15.42 in Sterling heights.
- Utility expenses are equal in both Essex and Sterling heights averaging $250.