Cost of Living: Southfield, MI vs Hankinson, ND

Housing

The housing market plays a significant role in determining the cost of living.

Metric Southfield Hankinson
Housing Index 105.0 Data is updating
Median Home Price $264,000 $201,000
Average Rent (2 BR Apartment) $1400 $Data is updating
Average Rent (2 BR House) $1440 $Data is updating

Housing Comparison: Southfield vs Hankinson

  • In Southfield, the median home price is higher at $264,000, while in Hankinson it is $201,000.
  • The rent for a two-bedroom apartment is equal in both Southfield and Hankinson at $1,400.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Southfield Hankinson
Electricity Price $19.88 $13.65
Natural Gas Price $15.42 $10.8
Other Utilities $260 $Data is updating

Utilities Comparison: Southfield vs Hankinson

  • Electricity costs are higher in Southfield at $19.88 per kWh, compared to $13.65 in Hankinson.
  • Natural gas is more expensive in Southfield at $15.42 per unit, while it is cheaper at $10.8 in Hankinson.
  • Utility expenses are equal in both Southfield and Hankinson averaging $260.