Cost of Living: Forest, MS vs Hanover, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Forest | Hanover |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $159,000 | $197,500 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1360 |
Housing Comparison: Forest vs Hanover
- The median home price in Hanover is higher at $197,500, compared to $159,000 in Forest.
- The rent for a two-bedroom apartment is equal in both Forest and Hanover 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 | Forest | Hanover |
|---|---|---|
| Electricity Price | $13.42 | $19.88 |
| Natural Gas Price | $22.19 | $15.42 |
| Other Utilities | $Data is updating | $220 |
Utilities Comparison: Forest vs Hanover
- Hanover has higher electricity costs at $19.88 per kWh, versus $13.42 in Forest.
- Natural gas is more expensive in Forest at $22.19 per unit, while it is cheaper at $15.42 in Hanover.
- Utility expenses are equal in both Forest and Hanover averaging $0.0.