Cost of Living: Gadsden, AL vs Marenisco, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gadsden | Marenisco |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $211,000 | $95,000 |
| Average Rent (2 BR Apartment) | $950 | $Data is updating |
| Average Rent (2 BR House) | $960 | $Data is updating |
Housing Comparison: Gadsden vs Marenisco
- In Gadsden, the median home price is higher at $211,000, while in Marenisco it is $95,000.
- The rent for a two-bedroom apartment is equal in both Gadsden and Marenisco at $950.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gadsden | Marenisco |
|---|---|---|
| Electricity Price | $15.03 | $19.88 |
| Natural Gas Price | $21.76 | $15.42 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Gadsden vs Marenisco
- Marenisco has higher electricity costs at $19.88 per kWh, versus $15.03 in Gadsden.
- Natural gas is more expensive in Gadsden at $21.76 per unit, while it is cheaper at $15.42 in Marenisco.
- Utility expenses are equal in both Gadsden and Marenisco averaging $200.