Cost of Living: Denison, TX vs Jackson, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Denison | Jackson |
|---|---|---|
| Housing Index | 75.0 | 75.6 |
| Median Home Price | $253,000 | $158,000 |
| Average Rent (2 BR Apartment) | $1200 | $980 |
| Average Rent (2 BR House) | $1544 | $1039 |
Housing Comparison: Denison vs Jackson
- In Denison, the median home price is higher at $253,000, while in Jackson it is $158,000.
- In Jackson, the rental for a two-bedroom apartment stands at $980, while it is $1,200 in Denison.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Denison | Jackson |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $15.42 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Denison vs Jackson
- Jackson has higher electricity costs at $19.88 per kWh, versus $14.47 in Denison.
- Natural gas is more expensive in Denison at $26.29 per unit, while it is cheaper at $15.42 in Jackson.
- Jackson has higher utility expenses, averaging $250, while Denison averages $200.