Cost of Living: Troy, MI vs Benton city, WA
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Troy | Benton city |
---|---|---|
Housing Index | 115.0 | 110.0 |
Median Home Price | $375,000 | $375,000 |
Average Rent (2 BR Apartment) | $1200 | $1500 |
Average Rent (2 BR House) | $1280 | $1560 |
Housing Comparison: Troy vs Benton city
- The median home price is the same in both Troy and Benton city at $375,000.
- In Benton city, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Troy.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Troy | Benton city |
---|---|---|
Electricity Price | $19.88 | $12.34 |
Natural Gas Price | $15.42 | $18.14 |
Other Utilities | $250 | $200 |
Utilities Comparison: Troy vs Benton city
- Electricity costs are higher in Troy at $19.88 per kWh, compared to $12.34 in Benton city.
- Benton city experiences higher natural gas costs at $18.14 per unit, with costs at $15.42 in Troy.
- Other utility costs are higher in Troy at an average of $250, compared to Benton city with $200.