Cost of Living: Grand rapids, MI vs Bolivar, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Grand rapids | Bolivar |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $230,000 | $173,000 |
| Average Rent (2 BR Apartment) | $1300 | $1000 |
| Average Rent (2 BR House) | $1350 | $1024 |
Housing Comparison: Grand rapids vs Bolivar
- In Grand rapids, the median home price is higher at $230,000, while in Bolivar it is $173,000.
- Renting a two-bedroom apartment costs more in Grand rapids at $1,300 than in Bolivar at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Grand rapids | Bolivar |
|---|---|---|
| Electricity Price | $19.88 | $12.57 |
| Natural Gas Price | $15.42 | $12.35 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Grand rapids vs Bolivar
- Electricity costs are higher in Grand rapids at $19.88 per kWh, compared to $12.57 in Bolivar.
- Natural gas is more expensive in Grand rapids at $15.42 per unit, while it is cheaper at $12.35 in Bolivar.
- Utility expenses are equal in both Grand rapids and Bolivar averaging $250.