Cost of Living: Hanover, MI vs Ceres, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hanover | Ceres |
|---|---|---|
| Housing Index | 85.0 | 120.5 |
| Median Home Price | $197,500 | $385,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1360 | $1840 |
Housing Comparison: Hanover vs Ceres
- The median home price in Ceres is higher at $385,000, compared to $197,500 in Hanover.
- In Ceres, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Hanover.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hanover | Ceres |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $15.42 | $16.99 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Hanover vs Ceres
- Ceres has higher electricity costs at $32.99 per kWh, versus $19.88 in Hanover.
- Ceres experiences higher natural gas costs at $16.99 per unit, with costs at $15.42 in Hanover.
- Ceres has higher utility expenses, averaging $250, while Hanover averages $220.