Cost of Living: Detroit, MI vs Canoga park, CA

Housing

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

Metric Detroit Canoga park
Housing Index 72.0 135.5
Median Home Price $100,000 $750,000
Average Rent (2 BR Apartment) $1200 $2900
Average Rent (2 BR House) $1360 $3000

Housing Comparison: Detroit vs Canoga park

  • The median home price in Canoga park is higher at $750,000, compared to $100,000 in Detroit.
  • In Canoga park, the rental for a two-bedroom apartment stands at $2,900, while it is $1,200 in Detroit.

Utilities

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

Metric Detroit Canoga park
Electricity Price $19.88 $32.99
Natural Gas Price $15.42 $16.99
Other Utilities $200 $250

Utilities Comparison: Detroit vs Canoga park

  • Canoga park has higher electricity costs at $32.99 per kWh, versus $19.88 in Detroit.
  • Canoga park experiences higher natural gas costs at $16.99 per unit, with costs at $15.42 in Detroit.
  • Canoga park has higher utility expenses, averaging $250, while Detroit averages $200.