Cost of Living: Sterling heights, MI vs Cranston, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sterling heights | Cranston |
|---|---|---|
| Housing Index | 92.0 | 115.5 |
| Median Home Price | $234,000 | $368,600 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1300 | $1840 |
Housing Comparison: Sterling heights vs Cranston
- The median home price in Cranston is higher at $368,600, compared to $234,000 in Sterling heights.
- In Cranston, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Sterling heights.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sterling heights | Cranston |
|---|---|---|
| Electricity Price | $19.88 | $27.03 |
| Natural Gas Price | $15.42 | $21.52 |
| Other Utilities | $250 | $275 |
Utilities Comparison: Sterling heights vs Cranston
- Cranston has higher electricity costs at $27.03 per kWh, versus $19.88 in Sterling heights.
- Cranston experiences higher natural gas costs at $21.52 per unit, with costs at $15.42 in Sterling heights.
- Cranston has higher utility expenses, averaging $275, while Sterling heights averages $250.