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.