Cost of Living: Ann arbor, MI vs Charlotte, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ann arbor | Charlotte |
|---|---|---|
| Housing Index | 115.0 | 110.0 |
| Median Home Price | $303,000 | $364,000 |
| Average Rent (2 BR Apartment) | $1800 | $1600 |
| Average Rent (2 BR House) | $1900 | $1640 |
Housing Comparison: Ann arbor vs Charlotte
- The median home price in Charlotte is higher at $364,000, compared to $303,000 in Ann arbor.
- Renting a two-bedroom apartment costs more in Ann arbor at $1,800 than in Charlotte at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ann arbor | Charlotte |
|---|---|---|
| Electricity Price | $19.88 | $13.72 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ann arbor vs Charlotte
- Electricity costs are higher in Ann arbor at $19.88 per kWh, compared to $13.72 in Charlotte.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Ann arbor and Charlotte averaging $250.