Cost of Living: Southfield, MI vs Trenton, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southfield | Trenton |
|---|---|---|
| Housing Index | 105.0 | 90.0 |
| Median Home Price | $264,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1400 | $1200 |
| Average Rent (2 BR House) | $1440 | $1280 |
Housing Comparison: Southfield vs Trenton
- In Southfield, the median home price is higher at $264,000, while in Trenton it is $150,000.
- Renting a two-bedroom apartment costs more in Southfield at $1,400 than in Trenton at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Southfield | Trenton |
|---|---|---|
| Electricity Price | $19.88 | $12.57 |
| Natural Gas Price | $15.42 | $12.35 |
| Other Utilities | $260 | $250 |
Utilities Comparison: Southfield vs Trenton
- Electricity costs are higher in Southfield at $19.88 per kWh, compared to $12.57 in Trenton.
- Natural gas is more expensive in Southfield at $15.42 per unit, while it is cheaper at $12.35 in Trenton.
- Other utility costs are higher in Southfield at an average of $260, compared to Trenton with $250.