Cost of Living: Sterling heights, MI vs Parksley, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sterling heights | Parksley |
|---|---|---|
| Housing Index | 92.0 | 115.5 |
| Median Home Price | $234,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1300 | $1645 |
Housing Comparison: Sterling heights vs Parksley
- In Sterling heights, the median home price is higher at $234,000, while in Parksley it is $215,000.
- In Parksley, the rental for a two-bedroom apartment stands at $1,600, 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 | Parksley |
|---|---|---|
| Electricity Price | $19.88 | $15.31 |
| Natural Gas Price | $15.42 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Sterling heights vs Parksley
- Electricity costs are higher in Sterling heights at $19.88 per kWh, compared to $15.31 in Parksley.
- Parksley 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 Parksley averaging $250.