Cost of Living: Corinth, MS vs Hanover, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Corinth | Hanover |
|---|---|---|
| Housing Index | 75.0 | 85.0 |
| Median Home Price | $162,500 | $197,500 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $1000 | $1360 |
Housing Comparison: Corinth vs Hanover
- The median home price in Hanover is higher at $197,500, compared to $162,500 in Corinth.
- Renting a two-bedroom apartment costs more in Corinth at $800 than in Hanover 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 | Corinth | Hanover |
|---|---|---|
| Electricity Price | $13.42 | $19.88 |
| Natural Gas Price | $22.19 | $15.42 |
| Other Utilities | $200 | $220 |
Utilities Comparison: Corinth vs Hanover
- Hanover has higher electricity costs at $19.88 per kWh, versus $13.42 in Corinth.
- Natural gas is more expensive in Corinth at $22.19 per unit, while it is cheaper at $15.42 in Hanover.
- Hanover has higher utility expenses, averaging $220, while Corinth averages $200.