Cost of Living: Saginaw, MI vs Portsmouth, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Saginaw | Portsmouth |
|---|---|---|
| Housing Index | 75.0 | 120.8 |
| Median Home Price | $108,000 | $425,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1000 | $2272 |
Housing Comparison: Saginaw vs Portsmouth
- The median home price in Portsmouth is higher at $425,000, compared to $108,000 in Saginaw.
- In Portsmouth, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Saginaw.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Saginaw | Portsmouth |
|---|---|---|
| Electricity Price | $19.88 | $22.44 |
| Natural Gas Price | $15.42 | $17.58 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Saginaw vs Portsmouth
- Portsmouth has higher electricity costs at $22.44 per kWh, versus $19.88 in Saginaw.
- Portsmouth experiences higher natural gas costs at $17.58 per unit, with costs at $15.42 in Saginaw.
- Utility expenses are equal in both Saginaw and Portsmouth averaging $250.