Cost of Living: Montrose, MI vs Dover, DE

Housing

The housing market plays a significant role in determining the cost of living.

Metric Montrose Dover
Housing Index 85.0 115.0
Median Home Price $200,000 $303,000
Average Rent (2 BR Apartment) $800 $1200
Average Rent (2 BR House) $816 $1300

Housing Comparison: Montrose vs Dover

  • The median home price in Dover is higher at $303,000, compared to $200,000 in Montrose.
  • Renting a two-bedroom apartment costs more in Montrose at $800 than in Dover 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 Montrose Dover
Electricity Price $19.88 $16.29
Natural Gas Price $15.42 $17.77
Other Utilities $200 $250

Utilities Comparison: Montrose vs Dover

  • Electricity costs are higher in Montrose at $19.88 per kWh, compared to $16.29 in Dover.
  • Dover experiences higher natural gas costs at $17.77 per unit, with costs at $15.42 in Montrose.
  • Dover has higher utility expenses, averaging $250, while Montrose averages $200.