Cost of Living: Holt, MI vs Lula, GA

Housing

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

Metric Holt Lula
Housing Index 85.0 88.0
Median Home Price $205,000 $315,000
Average Rent (2 BR Apartment) $1350 $1200
Average Rent (2 BR House) $1416 $1230

Housing Comparison: Holt vs Lula

  • The median home price in Lula is higher at $315,000, compared to $205,000 in Holt.
  • Renting a two-bedroom apartment costs more in Holt at $1,350 than in Lula 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 Holt Lula
Electricity Price $19.88 $15.53
Natural Gas Price $15.42 $27.53
Other Utilities $250 $220

Utilities Comparison: Holt vs Lula

  • Electricity costs are higher in Holt at $19.88 per kWh, compared to $15.53 in Lula.
  • Lula experiences higher natural gas costs at $27.53 per unit, with costs at $15.42 in Holt.
  • Other utility costs are higher in Holt at an average of $250, compared to Lula with $220.