Cost of Living: Hanover, MI vs Delray beach, FL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Hanover Delray beach
Housing Index 85.0 Data is updating
Median Home Price $197,500 $440,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1360 $Data is updating

Housing Comparison: Hanover vs Delray beach

  • The median home price in Delray beach is higher at $440,000, compared to $197,500 in Hanover.
  • The rent for a two-bedroom apartment is equal in both Hanover and Delray beach 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 Hanover Delray beach
Electricity Price $19.88 $13.89
Natural Gas Price $15.42 $26.13
Other Utilities $220 $Data is updating

Utilities Comparison: Hanover vs Delray beach

  • Electricity costs are higher in Hanover at $19.88 per kWh, compared to $13.89 in Delray beach.
  • Delray beach experiences higher natural gas costs at $26.13 per unit, with costs at $15.42 in Hanover.
  • Utility expenses are equal in both Hanover and Delray beach averaging $220.