Cost of Living: Jackson, MI vs Lutz, FL

Housing

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

Metric Jackson Lutz
Housing Index 75.6 112.5
Median Home Price $158,000 $440,000
Average Rent (2 BR Apartment) $980 $1800
Average Rent (2 BR House) $1039 $1846

Housing Comparison: Jackson vs Lutz

  • The median home price in Lutz is higher at $440,000, compared to $158,000 in Jackson.
  • Renting a two-bedroom apartment costs more in Jackson at $980 than in Lutz at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Jackson Lutz
Electricity Price $19.88 $13.89
Natural Gas Price $15.42 $26.13
Other Utilities $250 $250

Utilities Comparison: Jackson vs Lutz

  • Electricity costs are higher in Jackson at $19.88 per kWh, compared to $13.89 in Lutz.
  • Lutz experiences higher natural gas costs at $26.13 per unit, with costs at $15.42 in Jackson.
  • Utility expenses are equal in both Jackson and Lutz averaging $250.