Cost of Living: Hanover, MI vs Englewood, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hanover | Englewood |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $197,500 | $187,500 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1280 |
Housing Comparison: Hanover vs Englewood
- In Hanover, the median home price is higher at $197,500, while in Englewood it is $187,500.
- The rent for a two-bedroom apartment is equal in both Hanover and Englewood 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 | Englewood |
|---|---|---|
| Electricity Price | $19.88 | $15.92 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $220 | $250 |
Utilities Comparison: Hanover vs Englewood
- Electricity costs are higher in Hanover at $19.88 per kWh, compared to $15.92 in Englewood.
- Natural gas price data is currently unavailable.
- Englewood has higher utility expenses, averaging $250, while Hanover averages $220.