Cost of Living: Oakland, CA vs Redford, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oakland | Redford |
|---|---|---|
| Housing Index | 140.0 | 90.0 |
| Median Home Price | $932,300 | $162,500 |
| Average Rent (2 BR Apartment) | $2800 | $1200 |
| Average Rent (2 BR House) | $2900 | $1250 |
Housing Comparison: Oakland vs Redford
- In Oakland, the median home price is higher at $932,300, while in Redford it is $162,500.
- Renting a two-bedroom apartment costs more in Oakland at $2,800 than in Redford at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Oakland | Redford |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Oakland vs Redford
- Electricity costs are higher in Oakland at $32.99 per kWh, compared to $19.88 in Redford.
- Natural gas is more expensive in Oakland at $16.99 per unit, while it is cheaper at $15.42 in Redford.
- Utility expenses are equal in both Oakland and Redford averaging $250.