Cost of Living: Dearborn, MI vs Springfield, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Dearborn | Springfield |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $205,000 | $287,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1280 | $1840 |
Housing Comparison: Dearborn vs Springfield
- The median home price in Springfield is higher at $287,000, compared to $205,000 in Dearborn.
- In Springfield, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Dearborn.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Dearborn | Springfield |
|---|---|---|
| Electricity Price | $19.88 | $28.15 |
| Natural Gas Price | $15.42 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Dearborn vs Springfield
- Springfield has higher electricity costs at $28.15 per kWh, versus $19.88 in Dearborn.
- Springfield experiences higher natural gas costs at $21.62 per unit, with costs at $15.42 in Dearborn.
- Utility expenses are equal in both Dearborn and Springfield averaging $250.