Cost of Living: Central lake, MI vs Redding, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Central lake | Redding |
|---|---|---|
| Housing Index | Data is updating | 120.3 |
| Median Home Price | $143,000 | $398,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1920 |
Housing Comparison: Central lake vs Redding
- The median home price in Redding is higher at $398,000, compared to $143,000 in Central lake.
- The rent for a two-bedroom apartment is equal in both Central lake and Redding at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Central lake | Redding |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $15.42 | $16.99 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Central lake vs Redding
- Redding has higher electricity costs at $32.99 per kWh, versus $19.88 in Central lake.
- Redding experiences higher natural gas costs at $16.99 per unit, with costs at $15.42 in Central lake.
- Utility expenses are equal in both Central lake and Redding averaging $0.0.