Cost of Living: Mount clemens, MI vs Germantown, TN
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Mount clemens | Germantown |
---|---|---|
Housing Index | 85.0 | 90.0 |
Median Home Price | $185,000 | $401,000 |
Average Rent (2 BR Apartment) | $1200 | $1400 |
Average Rent (2 BR House) | $1280 | $1500 |
Housing Comparison: Mount clemens vs Germantown
- The median home price in Germantown is higher at $401,000, compared to $185,000 in Mount clemens.
- In Germantown, the rental for a two-bedroom apartment stands at $1,400, while it is $1,200 in Mount clemens.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Mount clemens | Germantown |
---|---|---|
Electricity Price | $19.88 | $12.57 |
Natural Gas Price | $15.42 | $12.35 |
Other Utilities | $250 | $250 |
Utilities Comparison: Mount clemens vs Germantown
- Electricity costs are higher in Mount clemens at $19.88 per kWh, compared to $12.57 in Germantown.
- Natural gas is more expensive in Mount clemens at $15.42 per unit, while it is cheaper at $12.35 in Germantown.
- Utility expenses are equal in both Mount clemens and Germantown averaging $250.