Cost of Living: Boaz, AL vs Ferndale, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Boaz | Ferndale |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $189,000 | $223,000 |
| Average Rent (2 BR Apartment) | $950 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Boaz vs Ferndale
- The median home price in Ferndale is higher at $223,000, compared to $189,000 in Boaz.
- The rent for a two-bedroom apartment is equal in both Boaz and Ferndale at $950.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Boaz | Ferndale |
|---|---|---|
| Electricity Price | $15.03 | $19.88 |
| Natural Gas Price | $21.76 | $15.42 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Boaz vs Ferndale
- Ferndale has higher electricity costs at $19.88 per kWh, versus $15.03 in Boaz.
- Natural gas is more expensive in Boaz at $21.76 per unit, while it is cheaper at $15.42 in Ferndale.
- Utility expenses are equal in both Boaz and Ferndale averaging $200.