Cost of Living: Caldwell, TX vs Sterling heights, MI

Housing

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

Metric Caldwell Sterling heights
Housing Index 90.0 92.0
Median Home Price $238,000 $234,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1300 $1300

Housing Comparison: Caldwell vs Sterling heights

  • In Caldwell, the median home price is higher at $238,000, while in Sterling heights it is $234,000.
  • The rent for a two-bedroom apartment is equal in both Caldwell and Sterling heights at $1,200.

Utilities

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

Metric Caldwell Sterling heights
Electricity Price $14.47 $19.88
Natural Gas Price $26.29 $15.42
Other Utilities $250 $250

Utilities Comparison: Caldwell vs Sterling heights

  • Sterling heights has higher electricity costs at $19.88 per kWh, versus $14.47 in Caldwell.
  • Natural gas is more expensive in Caldwell at $26.29 per unit, while it is cheaper at $15.42 in Sterling heights.
  • Utility expenses are equal in both Caldwell and Sterling heights averaging $250.