Cost of Living: Hoover, AL vs Holland, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hoover | Holland |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $321,000 | $212,100 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1360 | $1515 |
Housing Comparison: Hoover vs Holland
- In Hoover, the median home price is higher at $321,000, while in Holland it is $212,100.
- In Holland, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Hoover.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hoover | Holland |
|---|---|---|
| Electricity Price | $15.03 | $19.88 |
| Natural Gas Price | $21.76 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hoover vs Holland
- Holland has higher electricity costs at $19.88 per kWh, versus $15.03 in Hoover.
- Natural gas is more expensive in Hoover at $21.76 per unit, while it is cheaper at $15.42 in Holland.
- Utility expenses are equal in both Hoover and Holland averaging $250.