Cost of Living: Lake grove, NY vs Sterling heights, MI
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Lake grove | Sterling heights |
---|---|---|
Housing Index | 120.0 | 92.0 |
Median Home Price | $646,500 | $234,000 |
Average Rent (2 BR Apartment) | $2400 | $1200 |
Average Rent (2 BR House) | $2320 | $1300 |
Housing Comparison: Lake grove vs Sterling heights
- In Lake grove, the median home price is higher at $646,500, while in Sterling heights it is $234,000.
- Renting a two-bedroom apartment costs more in Lake grove at $2,400 than in Sterling heights 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 | Lake grove | Sterling heights |
---|---|---|
Electricity Price | $26.08 | $19.88 |
Natural Gas Price | $18.13 | $15.42 |
Other Utilities | $250 | $250 |
Utilities Comparison: Lake grove vs Sterling heights
- Electricity costs are higher in Lake grove at $26.08 per kWh, compared to $19.88 in Sterling heights.
- Natural gas is more expensive in Lake grove at $18.13 per unit, while it is cheaper at $15.42 in Sterling heights.
- Utility expenses are equal in both Lake grove and Sterling heights averaging $250.