Cost of Living: Sterling heights, MI vs Hampton, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sterling heights | Hampton |
|---|---|---|
| Housing Index | 92.0 | 110.0 |
| Median Home Price | $234,000 | $305,000 |
| Average Rent (2 BR Apartment) | $1200 | $1300 |
| Average Rent (2 BR House) | $1300 | $1200 |
Housing Comparison: Sterling heights vs Hampton
- The median home price in Hampton is higher at $305,000, compared to $234,000 in Sterling heights.
- In Hampton, the rental for a two-bedroom apartment stands at $1,300, 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 | Hampton |
|---|---|---|
| Electricity Price | $19.88 | $15.31 |
| Natural Gas Price | $15.42 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Sterling heights vs Hampton
- Electricity costs are higher in Sterling heights at $19.88 per kWh, compared to $15.31 in Hampton.
- Hampton experiences higher natural gas costs at $19.91 per unit, with costs at $15.42 in Sterling heights.
- Utility expenses are equal in both Sterling heights and Hampton averaging $250.