Cost of Living: Ada, OK vs Lake leelanau, MI

Housing

The housing market plays a significant role in determining the cost of living.

Metric Ada Lake leelanau
Housing Index 78.0 120.0
Median Home Price $136,000 $393,000
Average Rent (2 BR Apartment) $950 $1800
Average Rent (2 BR House) $1025 $1840

Housing Comparison: Ada vs Lake leelanau

  • The median home price in Lake leelanau is higher at $393,000, compared to $136,000 in Ada.
  • Renting a two-bedroom apartment costs more in Ada at $950 than in Lake leelanau at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Ada Lake leelanau
Electricity Price $12.37 $19.88
Natural Gas Price $20.27 $15.42
Other Utilities $200 $250

Utilities Comparison: Ada vs Lake leelanau

  • Lake leelanau has higher electricity costs at $19.88 per kWh, versus $12.37 in Ada.
  • Natural gas is more expensive in Ada at $20.27 per unit, while it is cheaper at $15.42 in Lake leelanau.
  • Lake leelanau has higher utility expenses, averaging $250, while Ada averages $200.