Cost of Living: Novi, MI vs Cicero, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Novi | Cicero |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $325,000 | $275,000 |
| Average Rent (2 BR Apartment) | $1800 | $1300 |
| Average Rent (2 BR House) | $2000 | $1360 |
Housing Comparison: Novi vs Cicero
- In Novi, the median home price is higher at $325,000, while in Cicero it is $275,000.
- Renting a two-bedroom apartment costs more in Novi at $1,800 than in Cicero at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Novi | Cicero |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $15.42 | $16.59 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Novi vs Cicero
- Electricity costs are higher in Novi at $19.88 per kWh, compared to $16.15 in Cicero.
- Cicero experiences higher natural gas costs at $16.59 per unit, with costs at $15.42 in Novi.
- Other utility costs are higher in Novi at an average of $250, compared to Cicero with $220.