Cost of Living: Parkersburg, WV vs Saginaw, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Parkersburg | Saginaw |
|---|---|---|
| Housing Index | 85.0 | 75.0 |
| Median Home Price | $217,000 | $108,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $816 | $1000 |
Housing Comparison: Parkersburg vs Saginaw
- In Parkersburg, the median home price is higher at $217,000, while in Saginaw it is $108,000.
- Renting a two-bedroom apartment costs more in Parkersburg at $800 than in Saginaw 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 | Parkersburg | Saginaw |
|---|---|---|
| Electricity Price | $15.48 | $19.88 |
| Natural Gas Price | $23.05 | $15.42 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Parkersburg vs Saginaw
- Saginaw has higher electricity costs at $19.88 per kWh, versus $15.48 in Parkersburg.
- Natural gas is more expensive in Parkersburg at $23.05 per unit, while it is cheaper at $15.42 in Saginaw.
- Saginaw has higher utility expenses, averaging $250, while Parkersburg averages $200.