Cost of Living: Fort worth, TX vs Detroit, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fort worth | Detroit |
|---|---|---|
| Housing Index | 110.0 | 72.0 |
| Median Home Price | $340,000 | $100,000 |
| Average Rent (2 BR Apartment) | $1300 | $1200 |
| Average Rent (2 BR House) | $1360 | $1360 |
Housing Comparison: Fort worth vs Detroit
- In Fort worth, the median home price is higher at $340,000, while in Detroit it is $100,000.
- Renting a two-bedroom apartment costs more in Fort worth at $1,300 than in Detroit 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 | Fort worth | Detroit |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $15.42 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Fort worth vs Detroit
- Detroit has higher electricity costs at $19.88 per kWh, versus $14.47 in Fort worth.
- Natural gas is more expensive in Fort worth at $26.29 per unit, while it is cheaper at $15.42 in Detroit.
- Other utility costs are higher in Fort worth at an average of $250, compared to Detroit with $200.