Cost of Living: Hickman, KY vs Armada, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hickman | Armada |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $162,000 | $248,000 |
| Average Rent (2 BR Apartment) | $960 | $Data is updating |
| Average Rent (2 BR House) | $1040 | $Data is updating |
Housing Comparison: Hickman vs Armada
- The median home price in Armada is higher at $248,000, compared to $162,000 in Hickman.
- The rent for a two-bedroom apartment is equal in both Hickman and Armada at $960.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hickman | Armada |
|---|---|---|
| Electricity Price | $12.87 | $19.88 |
| Natural Gas Price | $22.78 | $15.42 |
| Other Utilities | $180 | $Data is updating |
Utilities Comparison: Hickman vs Armada
- Armada has higher electricity costs at $19.88 per kWh, versus $12.87 in Hickman.
- Natural gas is more expensive in Hickman at $22.78 per unit, while it is cheaper at $15.42 in Armada.
- Utility expenses are equal in both Hickman and Armada averaging $180.