Cost of Living: Redford, MI vs Bentonville, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Redford | Bentonville |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $162,500 | $282,000 |
| Average Rent (2 BR Apartment) | $1200 | $1300 |
| Average Rent (2 BR House) | $1250 | $1365.6 |
Housing Comparison: Redford vs Bentonville
- The median home price in Bentonville is higher at $282,000, compared to $162,500 in Redford.
- In Bentonville, the rental for a two-bedroom apartment stands at $1,300, while it is $1,200 in Redford.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Redford | Bentonville |
|---|---|---|
| Electricity Price | $19.88 | $12.36 |
| Natural Gas Price | $15.42 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Redford vs Bentonville
- Electricity costs are higher in Redford at $19.88 per kWh, compared to $12.36 in Bentonville.
- Bentonville experiences higher natural gas costs at $17.08 per unit, with costs at $15.42 in Redford.
- Other utility costs are higher in Redford at an average of $250, compared to Bentonville with $200.