Cost of Living: Ann arbor, MI vs Sharon, MA

Housing

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

Metric Ann arbor Sharon
Housing Index 115.0 120.0
Median Home Price $303,000 $490,000
Average Rent (2 BR Apartment) $1800 $2400
Average Rent (2 BR House) $1900 $2450

Housing Comparison: Ann arbor vs Sharon

  • The median home price in Sharon is higher at $490,000, compared to $303,000 in Ann arbor.
  • In Sharon, the rental for a two-bedroom apartment stands at $2,400, while it is $1,800 in Ann arbor.

Utilities

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

Metric Ann arbor Sharon
Electricity Price $19.88 $28.15
Natural Gas Price $15.42 $21.62
Other Utilities $250 $250

Utilities Comparison: Ann arbor vs Sharon

  • Sharon has higher electricity costs at $28.15 per kWh, versus $19.88 in Ann arbor.
  • Sharon experiences higher natural gas costs at $21.62 per unit, with costs at $15.42 in Ann arbor.
  • Utility expenses are equal in both Ann arbor and Sharon averaging $250.