Cost of Living: Livonia, MI vs Troy, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Livonia | Troy |
|---|---|---|
| Housing Index | 90.6 | 85.0 |
| Median Home Price | $305,000 | $207,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1280 | $856 |
Housing Comparison: Livonia vs Troy
- In Livonia, the median home price is higher at $305,000, while in Troy it is $207,000.
- In Troy, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Livonia.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Livonia | Troy |
|---|---|---|
| Electricity Price | $19.88 | $15.92 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Livonia vs Troy
- Electricity costs are higher in Livonia at $19.88 per kWh, compared to $15.92 in Troy.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Livonia at an average of $250, compared to Troy with $200.