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.