Cost of Living: Dearborn, MI vs Boonville, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Dearborn | Boonville |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $205,000 | $186,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1250 |
Housing Comparison: Dearborn vs Boonville
- In Dearborn, the median home price is higher at $205,000, while in Boonville it is $186,000.
- The rent for a two-bedroom apartment is equal in both Dearborn and Boonville 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 | Dearborn | Boonville |
|---|---|---|
| Electricity Price | $19.88 | $14.64 |
| Natural Gas Price | $15.42 | $23.25 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Dearborn vs Boonville
- Electricity costs are higher in Dearborn at $19.88 per kWh, compared to $14.64 in Boonville.
- Boonville experiences higher natural gas costs at $23.25 per unit, with costs at $15.42 in Dearborn.
- Utility expenses are equal in both Dearborn and Boonville averaging $250.