Cost of Living: Holiday, FL vs Detroit lakes, MN

Housing

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

Metric Holiday Detroit lakes
Housing Index 110.0 95.0
Median Home Price $264,000 $218,000
Average Rent (2 BR Apartment) $1800 $1240
Average Rent (2 BR House) $1840 $1296

Housing Comparison: Holiday vs Detroit lakes

  • In Holiday, the median home price is higher at $264,000, while in Detroit lakes it is $218,000.
  • Renting a two-bedroom apartment costs more in Holiday at $1,800 than in Detroit lakes 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 Holiday Detroit lakes
Electricity Price $13.89 $16.38
Natural Gas Price $26.13 $14.87
Other Utilities $250 $220

Utilities Comparison: Holiday vs Detroit lakes

  • Detroit lakes has higher electricity costs at $16.38 per kWh, versus $13.89 in Holiday.
  • Natural gas is more expensive in Holiday at $26.13 per unit, while it is cheaper at $14.87 in Detroit lakes.
  • Other utility costs are higher in Holiday at an average of $250, compared to Detroit lakes with $220.