Cost of Living: Woodward, IA vs Dearborn, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Woodward | Dearborn |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $195,000 | $205,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Woodward vs Dearborn
- The median home price in Dearborn is higher at $205,000, compared to $195,000 in Woodward.
- The rent for a two-bedroom apartment is equal in both Woodward and Dearborn 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 | Woodward | Dearborn |
|---|---|---|
| Electricity Price | $14.82 | $19.88 |
| Natural Gas Price | $15.61 | $15.42 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Woodward vs Dearborn
- Dearborn has higher electricity costs at $19.88 per kWh, versus $14.82 in Woodward.
- Natural gas is more expensive in Woodward at $15.61 per unit, while it is cheaper at $15.42 in Dearborn.
- Utility expenses are equal in both Woodward and Dearborn averaging $0.0.