Cost of Living: Cambridge, OH vs Dearborn, MI
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Cambridge | Dearborn |
---|---|---|
Housing Index | 80.2 | 110.0 |
Median Home Price | $134,500 | $205,000 |
Average Rent (2 BR Apartment) | $800 | $1200 |
Average Rent (2 BR House) | $816 | $1280 |
Housing Comparison: Cambridge vs Dearborn
- The median home price in Dearborn is higher at $205,000, compared to $134,500 in Cambridge.
- Renting a two-bedroom apartment costs more in Cambridge at $800 than in Dearborn 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 | Cambridge | Dearborn |
---|---|---|
Electricity Price | $15.92 | $19.88 |
Natural Gas Price | $Data is updating | $15.42 |
Other Utilities | $200 | $250 |
Utilities Comparison: Cambridge vs Dearborn
- Dearborn has higher electricity costs at $19.88 per kWh, versus $15.92 in Cambridge.
- Natural gas price data is currently unavailable.
- Dearborn has higher utility expenses, averaging $250, while Cambridge averages $200.