Cost of Living: Eldon, MO vs Sterling heights, MI

Housing

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

Metric Eldon Sterling heights
Housing Index 90.5 92.0
Median Home Price $185,000 $234,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1280 $1300

Housing Comparison: Eldon vs Sterling heights

  • The median home price in Sterling heights is higher at $234,000, compared to $185,000 in Eldon.
  • The rent for a two-bedroom apartment is equal in both Eldon and Sterling heights 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 Eldon Sterling heights
Electricity Price $14.64 $19.88
Natural Gas Price $23.25 $15.42
Other Utilities $250 $250

Utilities Comparison: Eldon vs Sterling heights

  • Sterling heights has higher electricity costs at $19.88 per kWh, versus $14.64 in Eldon.
  • Natural gas is more expensive in Eldon at $23.25 per unit, while it is cheaper at $15.42 in Sterling heights.
  • Utility expenses are equal in both Eldon and Sterling heights averaging $250.