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.