Cost of Living: Centralia, IL vs Hanover, MI

Housing

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

Metric Centralia Hanover
Housing Index 85.0 85.0
Median Home Price $100,000 $197,500
Average Rent (2 BR Apartment) $1040 $1200
Average Rent (2 BR House) $1056 $1360

Housing Comparison: Centralia vs Hanover

  • The median home price in Hanover is higher at $197,500, compared to $100,000 in Centralia.
  • In Hanover, the rental for a two-bedroom apartment stands at $1,200, while it is $1,040 in Centralia.

Utilities

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

Metric Centralia Hanover
Electricity Price $16.15 $19.88
Natural Gas Price $16.59 $15.42
Other Utilities $200 $220

Utilities Comparison: Centralia vs Hanover

  • Hanover has higher electricity costs at $19.88 per kWh, versus $16.15 in Centralia.
  • Natural gas is more expensive in Centralia at $16.59 per unit, while it is cheaper at $15.42 in Hanover.
  • Hanover has higher utility expenses, averaging $220, while Centralia averages $200.