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.