Cost of Living: Jackson, MI vs Plano, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jackson | Plano |
|---|---|---|
| Housing Index | 75.6 | 110.5 |
| Median Home Price | $158,000 | $454,000 |
| Average Rent (2 BR Apartment) | $980 | $1800 |
| Average Rent (2 BR House) | $1039 | $1925 |
Housing Comparison: Jackson vs Plano
- The median home price in Plano is higher at $454,000, compared to $158,000 in Jackson.
- Renting a two-bedroom apartment costs more in Jackson at $980 than in Plano at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Jackson | Plano |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $15.42 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Jackson vs Plano
- Electricity costs are higher in Jackson at $19.88 per kWh, compared to $14.47 in Plano.
- Plano experiences higher natural gas costs at $26.29 per unit, with costs at $15.42 in Jackson.
- Utility expenses are equal in both Jackson and Plano averaging $250.