Cost of Living: Ann arbor, MI vs Malta, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ann arbor | Malta |
|---|---|---|
| Housing Index | 115.0 | 110.0 |
| Median Home Price | $303,000 | $229,000 |
| Average Rent (2 BR Apartment) | $1800 | $1600 |
| Average Rent (2 BR House) | $1900 | $1640 |
Housing Comparison: Ann arbor vs Malta
- In Ann arbor, the median home price is higher at $303,000, while in Malta it is $229,000.
- Renting a two-bedroom apartment costs more in Ann arbor at $1,800 than in Malta 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 | Malta |
|---|---|---|
| Electricity Price | $19.88 | $13.58 |
| Natural Gas Price | $15.42 | $8.31 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ann arbor vs Malta
- Electricity costs are higher in Ann arbor at $19.88 per kWh, compared to $13.58 in Malta.
- Malta experiences higher natural gas costs at $8.31 per unit, with costs at $15.42 in Ann arbor.
- Utility expenses are equal in both Ann arbor and Malta averaging $250.