Cost of Living: Southfield, MI vs Concord, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southfield | Concord |
|---|---|---|
| Housing Index | 105.0 | 145.0 |
| Median Home Price | $264,000 | $751,000 |
| Average Rent (2 BR Apartment) | $1400 | $2500 |
| Average Rent (2 BR House) | $1440 | $2150 |
Housing Comparison: Southfield vs Concord
- The median home price in Concord is higher at $751,000, compared to $264,000 in Southfield.
- In Concord, the rental for a two-bedroom apartment stands at $2,500, while it is $1,400 in Southfield.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Southfield | Concord |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $15.42 | $16.99 |
| Other Utilities | $260 | $300 |
Utilities Comparison: Southfield vs Concord
- Concord has higher electricity costs at $32.99 per kWh, versus $19.88 in Southfield.
- Concord experiences higher natural gas costs at $16.99 per unit, with costs at $15.42 in Southfield.
- Concord has higher utility expenses, averaging $300, while Southfield averages $260.