Cost of Living: Ann arbor, MI vs Fort worth, TX

Housing

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

Metric Ann arbor Fort worth
Housing Index 115.0 110.0
Median Home Price $303,000 $340,000
Average Rent (2 BR Apartment) $1800 $1300
Average Rent (2 BR House) $1900 $1360

Housing Comparison: Ann arbor vs Fort worth

  • The median home price in Fort worth is higher at $340,000, compared to $303,000 in Ann arbor.
  • Renting a two-bedroom apartment costs more in Ann arbor at $1,800 than in Fort worth at $1,300.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Ann arbor Fort worth
Electricity Price $19.88 $14.47
Natural Gas Price $15.42 $26.29
Other Utilities $250 $250

Utilities Comparison: Ann arbor vs Fort worth

  • Electricity costs are higher in Ann arbor at $19.88 per kWh, compared to $14.47 in Fort worth.
  • Fort worth experiences higher natural gas costs at $26.29 per unit, with costs at $15.42 in Ann arbor.
  • Utility expenses are equal in both Ann arbor and Fort worth averaging $250.