Cost of Living: Vermilion, OH vs Grand rapids, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Vermilion | Grand rapids |
|---|---|---|
| Housing Index | 85.5 | 110.0 |
| Median Home Price | $224,900 | $230,000 |
| Average Rent (2 BR Apartment) | $1200 | $1300 |
| Average Rent (2 BR House) | $1245 | $1350 |
Housing Comparison: Vermilion vs Grand rapids
- The median home price in Grand rapids is higher at $230,000, compared to $224,900 in Vermilion.
- In Grand rapids, the rental for a two-bedroom apartment stands at $1,300, while it is $1,200 in Vermilion.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Vermilion | Grand rapids |
|---|---|---|
| Electricity Price | $15.92 | $19.88 |
| Natural Gas Price | $Data is updating | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Vermilion vs Grand rapids
- Grand rapids has higher electricity costs at $19.88 per kWh, versus $15.92 in Vermilion.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Vermilion and Grand rapids averaging $250.