Cost of Living: Warren, MI vs Shepherd, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Warren | Shepherd |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $200,000 | $200,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Warren vs Shepherd
- The median home price is the same in both Warren and Shepherd at $200,000.
- The rent for a two-bedroom apartment is equal in both Warren and Shepherd 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 | Warren | Shepherd |
|---|---|---|
| Electricity Price | $19.88 | $13.58 |
| Natural Gas Price | $15.42 | $8.31 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Warren vs Shepherd
- Electricity costs are higher in Warren at $19.88 per kWh, compared to $13.58 in Shepherd.
- Shepherd experiences higher natural gas costs at $8.31 per unit, with costs at $15.42 in Warren.
- Utility expenses are equal in both Warren and Shepherd averaging $250.