Cost of Living: Vero beach, FL vs Ann arbor, MI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Vero beach Ann arbor
Housing Index 115.0 115.0
Median Home Price $280,000 $303,000
Average Rent (2 BR Apartment) $1800 $1800
Average Rent (2 BR House) $1840 $1900

Housing Comparison: Vero beach vs Ann arbor

  • The median home price in Ann arbor is higher at $303,000, compared to $280,000 in Vero beach.
  • The rent for a two-bedroom apartment is equal in both Vero beach and Ann arbor at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Vero beach Ann arbor
Electricity Price $13.89 $19.88
Natural Gas Price $26.13 $15.42
Other Utilities $250 $250

Utilities Comparison: Vero beach vs Ann arbor

  • Ann arbor has higher electricity costs at $19.88 per kWh, versus $13.89 in Vero beach.
  • Natural gas is more expensive in Vero beach at $26.13 per unit, while it is cheaper at $15.42 in Ann arbor.
  • Utility expenses are equal in both Vero beach and Ann arbor averaging $250.