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.