Cost of Living: Draper, UT vs Mikado, MI

Housing

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

Metric Draper Mikado
Housing Index 120.3 Data is updating
Median Home Price $487,500 $Data is updating
Average Rent (2 BR Apartment) $1900 $Data is updating
Average Rent (2 BR House) $1938 $Data is updating

Housing Comparison: Draper vs Mikado

  • In Draper, the median home price is higher at $487,500, while in Mikado it is $0.
  • The rent for a two-bedroom apartment is equal in both Draper and Mikado at $1,900.

Utilities

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

Metric Draper Mikado
Electricity Price $11.5 $19.88
Natural Gas Price $14 $15.42
Other Utilities $250 $Data is updating

Utilities Comparison: Draper vs Mikado

  • Mikado has higher electricity costs at $19.88 per kWh, versus $11.5 in Draper.
  • Mikado experiences higher natural gas costs at $15.42 per unit, with costs at $14 in Draper.
  • Utility expenses are equal in both Draper and Mikado averaging $250.