Cost of Living: Alcoa, TN vs Lake leelanau, MI

Housing

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

Metric Alcoa Lake leelanau
Housing Index Data is updating 120.0
Median Home Price $262,000 $393,000
Average Rent (2 BR Apartment) $Data is updating $1800
Average Rent (2 BR House) $Data is updating $1840

Housing Comparison: Alcoa vs Lake leelanau

  • The median home price in Lake leelanau is higher at $393,000, compared to $262,000 in Alcoa.
  • The rent for a two-bedroom apartment is equal in both Alcoa and Lake leelanau 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 Alcoa Lake leelanau
Electricity Price $12.57 $19.88
Natural Gas Price $12.35 $15.42
Other Utilities $Data is updating $250

Utilities Comparison: Alcoa vs Lake leelanau

  • Lake leelanau has higher electricity costs at $19.88 per kWh, versus $12.57 in Alcoa.
  • Lake leelanau experiences higher natural gas costs at $15.42 per unit, with costs at $12.35 in Alcoa.
  • Utility expenses are equal in both Alcoa and Lake leelanau averaging $0.0.