Cost of Living: Redford, MI vs Oxford, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Redford | Oxford |
|---|---|---|
| Housing Index | 90.0 | 90.5 |
| Median Home Price | $162,500 | $244,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1250 | $1360 |
Housing Comparison: Redford vs Oxford
- The median home price in Oxford is higher at $244,000, compared to $162,500 in Redford.
- The rent for a two-bedroom apartment is equal in both Redford and Oxford 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 | Redford | Oxford |
|---|---|---|
| Electricity Price | $19.88 | $13.42 |
| Natural Gas Price | $15.42 | $22.19 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Redford vs Oxford
- Electricity costs are higher in Redford at $19.88 per kWh, compared to $13.42 in Oxford.
- Oxford experiences higher natural gas costs at $22.19 per unit, with costs at $15.42 in Redford.
- Other utility costs are higher in Redford at an average of $250, compared to Oxford with $200.