Cost of Living: Waterman, IL vs Sterling heights, MI

Housing

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

Metric Waterman Sterling heights
Housing Index Data is updating 92.0
Median Home Price $190,000 $234,000
Average Rent (2 BR Apartment) $Data is updating $1200
Average Rent (2 BR House) $Data is updating $1300

Housing Comparison: Waterman vs Sterling heights

  • The median home price in Sterling heights is higher at $234,000, compared to $190,000 in Waterman.
  • The rent for a two-bedroom apartment is equal in both Waterman and Sterling heights at $0.0.

Utilities

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

Metric Waterman Sterling heights
Electricity Price $16.15 $19.88
Natural Gas Price $16.59 $15.42
Other Utilities $Data is updating $250

Utilities Comparison: Waterman vs Sterling heights

  • Sterling heights has higher electricity costs at $19.88 per kWh, versus $16.15 in Waterman.
  • Natural gas is more expensive in Waterman at $16.59 per unit, while it is cheaper at $15.42 in Sterling heights.
  • Utility expenses are equal in both Waterman and Sterling heights averaging $0.0.