Cost of Living: Hanover park, IL vs River rouge, MI
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Hanover park | River rouge |
---|---|---|
Housing Index | 115.0 | Data is updating |
Median Home Price | $408,000 | $64,200 |
Average Rent (2 BR Apartment) | $1800 | $Data is updating |
Average Rent (2 BR House) | $1850 | $Data is updating |
Housing Comparison: Hanover park vs River rouge
- In Hanover park, the median home price is higher at $408,000, while in River rouge it is $64,200.
- The rent for a two-bedroom apartment is equal in both Hanover park and River rouge at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Hanover park | River rouge |
---|---|---|
Electricity Price | $16.15 | $19.88 |
Natural Gas Price | $16.59 | $15.42 |
Other Utilities | $250 | $Data is updating |
Utilities Comparison: Hanover park vs River rouge
- River rouge has higher electricity costs at $19.88 per kWh, versus $16.15 in Hanover park.
- Natural gas is more expensive in Hanover park at $16.59 per unit, while it is cheaper at $15.42 in River rouge.
- Utility expenses are equal in both Hanover park and River rouge averaging $250.