Cost of Living: Waterman, IL vs Troy, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waterman | Troy |
|---|---|---|
| Housing Index | Data is updating | 115.0 |
| Median Home Price | $190,000 | $375,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Waterman vs Troy
- The median home price in Troy is higher at $375,000, compared to $190,000 in Waterman.
- The rent for a two-bedroom apartment is equal in both Waterman and Troy 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 | Troy |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Waterman vs Troy
- Troy 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 Troy.
- Utility expenses are equal in both Waterman and Troy averaging $0.0.