Cost of Living: Wyoming, MI vs Star city, AR

Housing

The housing market plays a significant role in determining the cost of living.

Metric Wyoming Star city
Housing Index 110.0 95.0
Median Home Price $191,000 $134,000
Average Rent (2 BR Apartment) $1400 $1100
Average Rent (2 BR House) $1450 $1080

Housing Comparison: Wyoming vs Star city

  • In Wyoming, the median home price is higher at $191,000, while in Star city it is $134,000.
  • Renting a two-bedroom apartment costs more in Wyoming at $1,400 than in Star city at $1,100.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Wyoming Star city
Electricity Price $19.88 $12.36
Natural Gas Price $15.42 $17.08
Other Utilities $250 $250

Utilities Comparison: Wyoming vs Star city

  • Electricity costs are higher in Wyoming at $19.88 per kWh, compared to $12.36 in Star city.
  • Star city experiences higher natural gas costs at $17.08 per unit, with costs at $15.42 in Wyoming.
  • Utility expenses are equal in both Wyoming and Star city averaging $250.