Cost of Living: Englewood, NJ vs Farmington hills, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Englewood | Farmington hills |
|---|---|---|
| Housing Index | 118.8 | 91 |
| Median Home Price | $425,000 | $292,000 |
| Average Rent (2 BR Apartment) | $2773 | $1139 |
| Average Rent (2 BR House) | $3014 | $1239 |
Housing Comparison: Englewood vs Farmington hills
- In Englewood, the median home price is higher at $425,000, while in Farmington hills it is $292,000.
- Renting a two-bedroom apartment costs more in Englewood at $2,773 than in Farmington hills at $1,139.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Englewood | Farmington hills |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $14.01 | $15.42 |
| Other Utilities | $261 | $237 |
Utilities Comparison: Englewood vs Farmington hills
- Electricity costs are the same in both Englewood and Farmington hills at $19.88 per kWh.
- Farmington hills experiences higher natural gas costs at $15.42 per unit, with costs at $14.01 in Englewood.
- Other utility costs are higher in Englewood at an average of $261, compared to Farmington hills with $237.