Cost of Living: Novi, MI vs Washington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Novi | Washington |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $325,000 | $218,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $2000 | $Data is updating |
Housing Comparison: Novi vs Washington
- In Novi, the median home price is higher at $325,000, while in Washington it is $218,000.
- The rent for a two-bedroom apartment is equal in both Novi and Washington at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Novi | Washington |
|---|---|---|
| Electricity Price | $19.88 | $13.72 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Novi vs Washington
- Electricity costs are higher in Novi at $19.88 per kWh, compared to $13.72 in Washington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Novi and Washington averaging $250.