Cost of Living: Dover, DE vs Ferndale, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Dover | Ferndale |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $303,000 | $223,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1300 | $Data is updating |
Housing Comparison: Dover vs Ferndale
- In Dover, the median home price is higher at $303,000, while in Ferndale it is $223,000.
- The rent for a two-bedroom apartment is equal in both Dover and Ferndale 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 | Dover | Ferndale |
|---|---|---|
| Electricity Price | $16.29 | $19.88 |
| Natural Gas Price | $17.77 | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Dover vs Ferndale
- Ferndale has higher electricity costs at $19.88 per kWh, versus $16.29 in Dover.
- Natural gas is more expensive in Dover at $17.77 per unit, while it is cheaper at $15.42 in Ferndale.
- Utility expenses are equal in both Dover and Ferndale averaging $250.