Cost of Living: Grand rapids, MI vs Cave creek, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Grand rapids | Cave creek |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $230,000 | $668,000 |
| Average Rent (2 BR Apartment) | $1300 | $2000 |
| Average Rent (2 BR House) | $1350 | $2045 |
Housing Comparison: Grand rapids vs Cave creek
- The median home price in Cave creek is higher at $668,000, compared to $230,000 in Grand rapids.
- In Cave creek, the rental for a two-bedroom apartment stands at $2,000, while it is $1,300 in Grand rapids.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Grand rapids | Cave creek |
|---|---|---|
| Electricity Price | $19.88 | $15.14 |
| Natural Gas Price | $15.42 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Grand rapids vs Cave creek
- Electricity costs are higher in Grand rapids at $19.88 per kWh, compared to $15.14 in Cave creek.
- Cave creek experiences higher natural gas costs at $23.51 per unit, with costs at $15.42 in Grand rapids.
- Utility expenses are equal in both Grand rapids and Cave creek averaging $250.