Cost of Living: Ferndale, MI vs Spring valley, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ferndale | Spring valley |
|---|---|---|
| Housing Index | Data is updating | 120.4 |
| Median Home Price | $223,000 | $497,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $2300 |
| Average Rent (2 BR House) | $Data is updating | $2400 |
Housing Comparison: Ferndale vs Spring valley
- The median home price in Spring valley is higher at $497,000, compared to $223,000 in Ferndale.
- The rent for a two-bedroom apartment is equal in both Ferndale and Spring valley at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ferndale | Spring valley |
|---|---|---|
| Electricity Price | $19.88 | $26.08 |
| Natural Gas Price | $15.42 | $18.13 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Ferndale vs Spring valley
- Spring valley has higher electricity costs at $26.08 per kWh, versus $19.88 in Ferndale.
- Spring valley experiences higher natural gas costs at $18.13 per unit, with costs at $15.42 in Ferndale.
- Utility expenses are equal in both Ferndale and Spring valley averaging $0.0.