Cost of Living: Hollywood, FL vs Grand rapids, MI
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Hollywood | Grand rapids |
---|---|---|
Housing Index | 120.0 | 110.0 |
Median Home Price | $417,000 | $230,000 |
Average Rent (2 BR Apartment) | $2300 | $1300 |
Average Rent (2 BR House) | $2400 | $1350 |
Housing Comparison: Hollywood vs Grand rapids
- In Hollywood, the median home price is higher at $417,000, while in Grand rapids it is $230,000.
- Renting a two-bedroom apartment costs more in Hollywood at $2,300 than in Grand rapids at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Hollywood | Grand rapids |
---|---|---|
Electricity Price | $13.89 | $19.88 |
Natural Gas Price | $26.13 | $15.42 |
Other Utilities | $250 | $250 |
Utilities Comparison: Hollywood vs Grand rapids
- Grand rapids has higher electricity costs at $19.88 per kWh, versus $13.89 in Hollywood.
- Natural gas is more expensive in Hollywood at $26.13 per unit, while it is cheaper at $15.42 in Grand rapids.
- Utility expenses are equal in both Hollywood and Grand rapids averaging $250.