Cost of Living: Montgomery, AL vs Three oaks, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montgomery | Three oaks |
|---|---|---|
| Housing Index | 89.0 | Data is updating |
| Median Home Price | $250,000 | $194,000 |
| Average Rent (2 BR Apartment) | $950 | $Data is updating |
| Average Rent (2 BR House) | $1000 | $Data is updating |
Housing Comparison: Montgomery vs Three oaks
- In Montgomery, the median home price is higher at $250,000, while in Three oaks it is $194,000.
- The rent for a two-bedroom apartment is equal in both Montgomery and Three oaks at $950.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Montgomery | Three oaks |
|---|---|---|
| Electricity Price | $15.03 | $19.88 |
| Natural Gas Price | $21.76 | $15.42 |
| Other Utilities | $220 | $Data is updating |
Utilities Comparison: Montgomery vs Three oaks
- Three oaks has higher electricity costs at $19.88 per kWh, versus $15.03 in Montgomery.
- Natural gas is more expensive in Montgomery at $21.76 per unit, while it is cheaper at $15.42 in Three oaks.
- Utility expenses are equal in both Montgomery and Three oaks averaging $220.