Cost of Living: Westland, MI vs Cabot, AR
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Westland | Cabot |
---|---|---|
Housing Index | 110.0 | 90.0 |
Median Home Price | $228,000 | $217,500 |
Average Rent (2 BR Apartment) | $1200 | $1200 |
Average Rent (2 BR House) | $1360 | $1245 |
Housing Comparison: Westland vs Cabot
- In Westland, the median home price is higher at $228,000, while in Cabot it is $217,500.
- The rent for a two-bedroom apartment is equal in both Westland and Cabot 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 | Westland | Cabot |
---|---|---|
Electricity Price | $19.88 | $12.36 |
Natural Gas Price | $15.42 | $17.08 |
Other Utilities | $200 | $200 |
Utilities Comparison: Westland vs Cabot
- Electricity costs are higher in Westland at $19.88 per kWh, compared to $12.36 in Cabot.
- Cabot experiences higher natural gas costs at $17.08 per unit, with costs at $15.42 in Westland.
- Utility expenses are equal in both Westland and Cabot averaging $200.