Cost of Living: Wyandotte, MI vs Hoover, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Wyandotte | Hoover |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $193,000 | $321,000 |
| Average Rent (2 BR Apartment) | $1300 | $1200 |
| Average Rent (2 BR House) | $1300 | $1360 |
Housing Comparison: Wyandotte vs Hoover
- The median home price in Hoover is higher at $321,000, compared to $193,000 in Wyandotte.
- Renting a two-bedroom apartment costs more in Wyandotte at $1,300 than in Hoover 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 | Wyandotte | Hoover |
|---|---|---|
| Electricity Price | $19.88 | $15.03 |
| Natural Gas Price | $15.42 | $21.76 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Wyandotte vs Hoover
- Electricity costs are higher in Wyandotte at $19.88 per kWh, compared to $15.03 in Hoover.
- Hoover experiences higher natural gas costs at $21.76 per unit, with costs at $15.42 in Wyandotte.
- Utility expenses are equal in both Wyandotte and Hoover averaging $250.