Cost of Living: Providence, RI vs Trenton, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Providence | Trenton |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $335,000 | $175,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1360 |
Housing Comparison: Providence vs Trenton
- In Providence, the median home price is higher at $335,000, while in Trenton it is $175,000.
- Renting a two-bedroom apartment costs more in Providence at $2,200 than in Trenton 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 | Providence | Trenton |
|---|---|---|
| Electricity Price | $27.03 | $19.88 |
| Natural Gas Price | $21.52 | $15.42 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Providence vs Trenton
- Electricity costs are higher in Providence at $27.03 per kWh, compared to $19.88 in Trenton.
- Natural gas is more expensive in Providence at $21.52 per unit, while it is cheaper at $15.42 in Trenton.
- Other utility costs are higher in Providence at an average of $250, compared to Trenton with $200.