Cost of Living: Spring valley, NY vs Wixom, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Spring valley | Wixom |
|---|---|---|
| Housing Index | 118.8 | 91 |
| Median Home Price | $497,000 | $300,000 |
| Average Rent (2 BR Apartment) | $2943 | $1435 |
| Average Rent (2 BR House) | $3199 | $1560 |
Housing Comparison: Spring valley vs Wixom
- In Spring valley, the median home price is higher at $497,000, while in Wixom it is $300,000.
- Renting a two-bedroom apartment costs more in Spring valley at $2,943 than in Wixom at $1,435.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Spring valley | Wixom |
|---|---|---|
| Electricity Price | $26.08 | $19.88 |
| Natural Gas Price | $18.13 | $15.42 |
| Other Utilities | $259 | $237 |
Utilities Comparison: Spring valley vs Wixom
- Electricity costs are higher in Spring valley at $26.08 per kWh, compared to $19.88 in Wixom.
- Natural gas is more expensive in Spring valley at $18.13 per unit, while it is cheaper at $15.42 in Wixom.
- Other utility costs are higher in Spring valley at an average of $259, compared to Wixom with $237.