Cost of Living: Addison, IL vs Mikado, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Addison | Mikado |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $315,000 | $Data is updating |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Addison vs Mikado
- In Addison, the median home price is higher at $315,000, while in Mikado it is $0.
- The rent for a two-bedroom apartment is equal in both Addison and Mikado 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 | Addison | Mikado |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Addison vs Mikado
- Mikado has higher electricity costs at $19.88 per kWh, versus $16.15 in Addison.
- Natural gas is more expensive in Addison at $16.59 per unit, while it is cheaper at $15.42 in Mikado.
- Utility expenses are equal in both Addison and Mikado averaging $250.