Cost of Living: Princeton, LA vs Southfield, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Princeton | Southfield |
|---|---|---|
| Housing Index | Data is updating | 105.0 |
| Median Home Price | $157,000 | $264,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1400 |
| Average Rent (2 BR House) | $Data is updating | $1440 |
Housing Comparison: Princeton vs Southfield
- The median home price in Southfield is higher at $264,000, compared to $157,000 in Princeton.
- The rent for a two-bedroom apartment is equal in both Princeton and Southfield at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Princeton | Southfield |
|---|---|---|
| Electricity Price | $11.42 | $19.88 |
| Natural Gas Price | $19.48 | $15.42 |
| Other Utilities | $Data is updating | $260 |
Utilities Comparison: Princeton vs Southfield
- Southfield has higher electricity costs at $19.88 per kWh, versus $11.42 in Princeton.
- Natural gas is more expensive in Princeton at $19.48 per unit, while it is cheaper at $15.42 in Southfield.
- Utility expenses are equal in both Princeton and Southfield averaging $0.0.