Cost of Living: Greenwood, SC vs Saginaw, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Greenwood | Saginaw |
|---|---|---|
| Housing Index | 85.0 | 75.0 |
| Median Home Price | $236,200 | $108,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1150 | $1000 |
Housing Comparison: Greenwood vs Saginaw
- In Greenwood, the median home price is higher at $236,200, while in Saginaw it is $108,000.
- The rent for a two-bedroom apartment is equal in both Greenwood and Saginaw 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 | Greenwood | Saginaw |
|---|---|---|
| Electricity Price | $14.18 | $19.88 |
| Natural Gas Price | $23.51 | $15.42 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Greenwood vs Saginaw
- Saginaw has higher electricity costs at $19.88 per kWh, versus $14.18 in Greenwood.
- Natural gas is more expensive in Greenwood at $23.51 per unit, while it is cheaper at $15.42 in Saginaw.
- Saginaw has higher utility expenses, averaging $250, while Greenwood averages $200.