Cost of Living: Jasper, AL vs Lathrup village, MI

Housing

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

Metric Jasper Lathrup village
Housing Index 95.2 Data is updating
Median Home Price $205,000 $225,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1280 $Data is updating

Housing Comparison: Jasper vs Lathrup village

  • The median home price in Lathrup village is higher at $225,000, compared to $205,000 in Jasper.
  • The rent for a two-bedroom apartment is equal in both Jasper and Lathrup village 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 Jasper Lathrup village
Electricity Price $15.03 $19.88
Natural Gas Price $21.76 $15.42
Other Utilities $270 $Data is updating

Utilities Comparison: Jasper vs Lathrup village

  • Lathrup village has higher electricity costs at $19.88 per kWh, versus $15.03 in Jasper.
  • Natural gas is more expensive in Jasper at $21.76 per unit, while it is cheaper at $15.42 in Lathrup village.
  • Utility expenses are equal in both Jasper and Lathrup village averaging $270.