Cost of Living: Valdosta, GA vs Hanover, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Valdosta | Hanover |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $241,000 | $197,500 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1350 | $1360 |
Housing Comparison: Valdosta vs Hanover
- In Valdosta, the median home price is higher at $241,000, while in Hanover it is $197,500.
- The rent for a two-bedroom apartment is equal in both Valdosta and Hanover 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 | Valdosta | Hanover |
|---|---|---|
| Electricity Price | $15.53 | $19.88 |
| Natural Gas Price | $27.53 | $15.42 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Valdosta vs Hanover
- Hanover has higher electricity costs at $19.88 per kWh, versus $15.53 in Valdosta.
- Natural gas is more expensive in Valdosta at $27.53 per unit, while it is cheaper at $15.42 in Hanover.
- Other utility costs are higher in Valdosta at an average of $250, compared to Hanover with $220.