Cost of Living: Grand island, NE vs Houghton, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Grand island | Houghton |
|---|---|---|
| Housing Index | 90.5 | 95.0 |
| Median Home Price | $282,500 | $180,000 |
| Average Rent (2 BR Apartment) | $930 | $1200 |
| Average Rent (2 BR House) | $960 | $1280 |
Housing Comparison: Grand island vs Houghton
- In Grand island, the median home price is higher at $282,500, while in Houghton it is $180,000.
- Renting a two-bedroom apartment costs more in Grand island at $930 than in Houghton at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Grand island | Houghton |
|---|---|---|
| Electricity Price | $12.92 | $19.88 |
| Natural Gas Price | $13.89 | $15.42 |
| Other Utilities | $210 | $250 |
Utilities Comparison: Grand island vs Houghton
- Houghton has higher electricity costs at $19.88 per kWh, versus $12.92 in Grand island.
- Houghton experiences higher natural gas costs at $15.42 per unit, with costs at $13.89 in Grand island.
- Houghton has higher utility expenses, averaging $250, while Grand island averages $210.