Cost of Living: Palm bay, FL vs Holland, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palm bay | Holland |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $346,000 | $212,100 |
| Average Rent (2 BR Apartment) | $1600 | $1500 |
| Average Rent (2 BR House) | $1645 | $1515 |
Housing Comparison: Palm bay vs Holland
- In Palm bay, the median home price is higher at $346,000, while in Holland it is $212,100.
- Renting a two-bedroom apartment costs more in Palm bay at $1,600 than in Holland at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palm bay | Holland |
|---|---|---|
| Electricity Price | $13.89 | $19.88 |
| Natural Gas Price | $26.13 | $15.42 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Palm bay vs Holland
- Holland has higher electricity costs at $19.88 per kWh, versus $13.89 in Palm bay.
- Natural gas is more expensive in Palm bay at $26.13 per unit, while it is cheaper at $15.42 in Holland.
- Holland has higher utility expenses, averaging $250, while Palm bay averages $200.