Cost of Living: Franklin, IN vs Hillsdale, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Franklin | Hillsdale |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $245,000 | $143,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1272 | $Data is updating |
Housing Comparison: Franklin vs Hillsdale
- In Franklin, the median home price is higher at $245,000, while in Hillsdale it is $143,000.
- The rent for a two-bedroom apartment is equal in both Franklin and Hillsdale 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 | Franklin | Hillsdale |
|---|---|---|
| Electricity Price | $14.89 | $19.88 |
| Natural Gas Price | $Data is updating | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Franklin vs Hillsdale
- Hillsdale has higher electricity costs at $19.88 per kWh, versus $14.89 in Franklin.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Franklin and Hillsdale averaging $250.