Cost of Living: Hanover, MI vs Oregon city, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hanover | Oregon city |
|---|---|---|
| Housing Index | 85.0 | 110.4 |
| Median Home Price | $197,500 | $479,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1360 | $1840 |
Housing Comparison: Hanover vs Oregon city
- The median home price in Oregon city is higher at $479,000, compared to $197,500 in Hanover.
- In Oregon city, the rental for a two-bedroom apartment stands at $1,800, 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 | Oregon city |
|---|---|---|
| Electricity Price | $19.88 | $15.12 |
| Natural Gas Price | $15.42 | $16.5 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Hanover vs Oregon city
- Electricity costs are higher in Hanover at $19.88 per kWh, compared to $15.12 in Oregon city.
- Oregon city experiences higher natural gas costs at $16.5 per unit, with costs at $15.42 in Hanover.
- Oregon city has higher utility expenses, averaging $250, while Hanover averages $220.