Cost of Living: Aiken, SC vs Detroit, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Aiken | Detroit |
|---|---|---|
| Housing Index | 99.6 | 72.0 |
| Median Home Price | $202,000 | $100,000 |
| Average Rent (2 BR Apartment) | $1422 | $1469 |
| Average Rent (2 BR House) | $1546 | $1596 |
Housing Comparison: Aiken vs Detroit
- In Aiken, the median home price is higher at $202,000, while in Detroit it is $100,000.
- In Detroit, the rental for a two-bedroom apartment stands at $1,469, while it is $1,422 in Aiken.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Aiken | Detroit |
|---|---|---|
| Electricity Price | $14.18 | $19.88 |
| Natural Gas Price | $23.51 | $15.42 |
| Other Utilities | $224 | $200 |
Utilities Comparison: Aiken vs Detroit
- Detroit has higher electricity costs at $19.88 per kWh, versus $14.18 in Aiken.
- Natural gas is more expensive in Aiken at $23.51 per unit, while it is cheaper at $15.42 in Detroit.
- Other utility costs are higher in Aiken at an average of $224, compared to Detroit with $200.