Cost of Living: Anderson, SC vs Montrose, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anderson | Montrose |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $222,500 | $200,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1280 | $816 |
Housing Comparison: Anderson vs Montrose
- In Anderson, the median home price is higher at $222,500, while in Montrose it is $200,000.
- In Montrose, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Anderson.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Anderson | Montrose |
|---|---|---|
| Electricity Price | $14.18 | $19.88 |
| Natural Gas Price | $23.51 | $15.42 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Anderson vs Montrose
- Montrose has higher electricity costs at $19.88 per kWh, versus $14.18 in Anderson.
- Natural gas is more expensive in Anderson at $23.51 per unit, while it is cheaper at $15.42 in Montrose.
- Utility expenses are equal in both Anderson and Montrose averaging $200.