Cost of Living: Hanover, MI vs Grayson, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hanover | Grayson |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $197,500 | $329,900 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1360 | $1600 |
Housing Comparison: Hanover vs Grayson
- The median home price in Grayson is higher at $329,900, compared to $197,500 in Hanover.
- In Grayson, the rental for a two-bedroom apartment stands at $1,500, 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 | Grayson |
|---|---|---|
| Electricity Price | $19.88 | $15.53 |
| Natural Gas Price | $15.42 | $27.53 |
| Other Utilities | $220 | $200 |
Utilities Comparison: Hanover vs Grayson
- Electricity costs are higher in Hanover at $19.88 per kWh, compared to $15.53 in Grayson.
- Grayson experiences higher natural gas costs at $27.53 per unit, with costs at $15.42 in Hanover.
- Other utility costs are higher in Hanover at an average of $220, compared to Grayson with $200.