Cost of Living: Detroit lakes, MN vs Elcho, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Detroit lakes | Elcho |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $218,000 | $183,000 |
| Average Rent (2 BR Apartment) | $1240 | $Data is updating |
| Average Rent (2 BR House) | $1296 | $Data is updating |
Housing Comparison: Detroit lakes vs Elcho
- In Detroit lakes, the median home price is higher at $218,000, while in Elcho it is $183,000.
- The rent for a two-bedroom apartment is equal in both Detroit lakes and Elcho at $1,240.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Detroit lakes | Elcho |
|---|---|---|
| Electricity Price | $16.38 | $17.6 |
| Natural Gas Price | $14.87 | $11.5 |
| Other Utilities | $220 | $Data is updating |
Utilities Comparison: Detroit lakes vs Elcho
- Elcho has higher electricity costs at $17.6 per kWh, versus $16.38 in Detroit lakes.
- Natural gas is more expensive in Detroit lakes at $14.87 per unit, while it is cheaper at $11.5 in Elcho.
- Utility expenses are equal in both Detroit lakes and Elcho averaging $220.