Cost of Living: Southfield, MI vs London, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southfield | London |
|---|---|---|
| Housing Index | 105.0 | Data is updating |
| Median Home Price | $264,000 | $197,000 |
| Average Rent (2 BR Apartment) | $1400 | $Data is updating |
| Average Rent (2 BR House) | $1440 | $Data is updating |
Housing Comparison: Southfield vs London
- In Southfield, the median home price is higher at $264,000, while in London it is $197,000.
- The rent for a two-bedroom apartment is equal in both Southfield and London 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 | London |
|---|---|---|
| Electricity Price | $19.88 | $12.87 |
| Natural Gas Price | $15.42 | $22.78 |
| Other Utilities | $260 | $Data is updating |
Utilities Comparison: Southfield vs London
- Electricity costs are higher in Southfield at $19.88 per kWh, compared to $12.87 in London.
- London experiences higher natural gas costs at $22.78 per unit, with costs at $15.42 in Southfield.
- Utility expenses are equal in both Southfield and London averaging $260.