Cost of Living: Detroit lakes, MN vs Waycross, GA

Housing

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

Metric Detroit lakes Waycross
Housing Index 95.0 85.0
Median Home Price $218,000 $111,000
Average Rent (2 BR Apartment) $1240 $800
Average Rent (2 BR House) $1296 $850

Housing Comparison: Detroit lakes vs Waycross

  • In Detroit lakes, the median home price is higher at $218,000, while in Waycross it is $111,000.
  • In Waycross, the rental for a two-bedroom apartment stands at $800, while it is $1,240 in Detroit lakes.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Detroit lakes Waycross
Electricity Price $16.38 $15.53
Natural Gas Price $14.87 $27.53
Other Utilities $220 $200

Utilities Comparison: Detroit lakes vs Waycross

  • Electricity costs are higher in Detroit lakes at $16.38 per kWh, compared to $15.53 in Waycross.
  • Waycross experiences higher natural gas costs at $27.53 per unit, with costs at $14.87 in Detroit lakes.
  • Other utility costs are higher in Detroit lakes at an average of $220, compared to Waycross with $200.