Cost of Living: Ithaca, MI vs Detroit lakes, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ithaca | Detroit lakes |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $184,000 | $218,000 |
| Average Rent (2 BR Apartment) | $900 | $1240 |
| Average Rent (2 BR House) | $920 | $1296 |
Housing Comparison: Ithaca vs Detroit lakes
- The median home price in Detroit lakes is higher at $218,000, compared to $184,000 in Ithaca.
- Renting a two-bedroom apartment costs more in Ithaca at $900 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 | Ithaca | Detroit lakes |
|---|---|---|
| Electricity Price | $19.88 | $16.38 |
| Natural Gas Price | $15.42 | $14.87 |
| Other Utilities | $200 | $220 |
Utilities Comparison: Ithaca vs Detroit lakes
- Electricity costs are higher in Ithaca at $19.88 per kWh, compared to $16.38 in Detroit lakes.
- Natural gas is more expensive in Ithaca at $15.42 per unit, while it is cheaper at $14.87 in Detroit lakes.
- Detroit lakes has higher utility expenses, averaging $220, while Ithaca averages $200.