Cost of Living: Warren, MI vs Cheshire, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Warren | Cheshire |
|---|---|---|
| Housing Index | 85.0 | 115.0 |
| Median Home Price | $200,000 | $360,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1280 | $1840 |
Housing Comparison: Warren vs Cheshire
- The median home price in Cheshire is higher at $360,000, compared to $200,000 in Warren.
- In Cheshire, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Warren.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Warren | Cheshire |
|---|---|---|
| Electricity Price | $19.88 | $26 |
| Natural Gas Price | $15.42 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Warren vs Cheshire
- Cheshire has higher electricity costs at $26 per kWh, versus $19.88 in Warren.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Warren and Cheshire averaging $250.