Cost of Living: Houghton, MI vs Woodbury, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Houghton | Woodbury |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $180,000 | $212,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Houghton vs Woodbury
- The median home price in Woodbury is higher at $212,000, compared to $180,000 in Houghton.
- The rent for a two-bedroom apartment is equal in both Houghton and Woodbury at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Houghton | Woodbury |
|---|---|---|
| Electricity Price | $19.88 | $12.57 |
| Natural Gas Price | $15.42 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Houghton vs Woodbury
- Electricity costs are higher in Houghton at $19.88 per kWh, compared to $12.57 in Woodbury.
- Natural gas is more expensive in Houghton at $15.42 per unit, while it is cheaper at $12.35 in Woodbury.
- Utility expenses are equal in both Houghton and Woodbury averaging $250.