Cost of Living: Grand rapids, MI vs Lake hiawatha, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Grand rapids | Lake hiawatha |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $230,000 | $360,000 |
| Average Rent (2 BR Apartment) | $1300 | $Data is updating |
| Average Rent (2 BR House) | $1350 | $Data is updating |
Housing Comparison: Grand rapids vs Lake hiawatha
- The median home price in Lake hiawatha is higher at $360,000, compared to $230,000 in Grand rapids.
- The rent for a two-bedroom apartment is equal in both Grand rapids and Lake hiawatha at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Grand rapids | Lake hiawatha |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $15.42 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Grand rapids vs Lake hiawatha
- Electricity costs are the same in both Grand rapids and Lake hiawatha at $19.88 per kWh.
- Natural gas is more expensive in Grand rapids at $15.42 per unit, while it is cheaper at $14.01 in Lake hiawatha.
- Utility expenses are equal in both Grand rapids and Lake hiawatha averaging $250.