Cost of Living: Sterling heights, MI vs Marshall, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sterling heights | Marshall |
|---|---|---|
| Housing Index | 92.0 | 86.4 |
| Median Home Price | $234,000 | $146,000 |
| Average Rent (2 BR Apartment) | $1196 | $1228 |
| Average Rent (2 BR House) | $1300 | $1335 |
Housing Comparison: Sterling heights vs Marshall
- In Sterling heights, the median home price is higher at $234,000, while in Marshall it is $146,000.
- In Marshall, the rental for a two-bedroom apartment stands at $1,228, while it is $1,196 in Sterling heights.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sterling heights | Marshall |
|---|---|---|
| Electricity Price | $19.88 | $12.36 |
| Natural Gas Price | $15.42 | $17.08 |
| Other Utilities | $250 | $208 |
Utilities Comparison: Sterling heights vs Marshall
- Electricity costs are higher in Sterling heights at $19.88 per kWh, compared to $12.36 in Marshall.
- Marshall experiences higher natural gas costs at $17.08 per unit, with costs at $15.42 in Sterling heights.
- Other utility costs are higher in Sterling heights at an average of $250, compared to Marshall with $208.