Cost of Living: Horn lake, MS vs Houghton, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Horn lake | Houghton |
|---|---|---|
| Housing Index | 80.0 | 95.0 |
| Median Home Price | $196,000 | $180,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1352 | $1280 |
Housing Comparison: Horn lake vs Houghton
- In Horn lake, the median home price is higher at $196,000, while in Houghton it is $180,000.
- The rent for a two-bedroom apartment is equal in both Horn lake and 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 | Horn lake | Houghton |
|---|---|---|
| Electricity Price | $13.42 | $19.88 |
| Natural Gas Price | $22.19 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Horn lake vs Houghton
- Houghton has higher electricity costs at $19.88 per kWh, versus $13.42 in Horn lake.
- Natural gas is more expensive in Horn lake at $22.19 per unit, while it is cheaper at $15.42 in Houghton.
- Utility expenses are equal in both Horn lake and Houghton averaging $250.