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.