Cost of Living: Allen, TX vs Lathrup village, MI

Housing

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

Metric Allen Lathrup village
Housing Index 110.0 Data is updating
Median Home Price $440,000 $225,000
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1845 $Data is updating

Housing Comparison: Allen vs Lathrup village

  • In Allen, the median home price is higher at $440,000, while in Lathrup village it is $225,000.
  • The rent for a two-bedroom apartment is equal in both Allen and Lathrup village 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 Allen Lathrup village
Electricity Price $14.47 $19.88
Natural Gas Price $26.29 $15.42
Other Utilities $200 $Data is updating

Utilities Comparison: Allen vs Lathrup village

  • Lathrup village has higher electricity costs at $19.88 per kWh, versus $14.47 in Allen.
  • Natural gas is more expensive in Allen at $26.29 per unit, while it is cheaper at $15.42 in Lathrup village.
  • Utility expenses are equal in both Allen and Lathrup village averaging $200.