Cost of Living: Laconia, NH vs Michigan city, MS

Housing

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

Metric Laconia Michigan city
Housing Index 95.0 Data is updating
Median Home Price $325,000 $120,000
Average Rent (2 BR Apartment) $1700 $Data is updating
Average Rent (2 BR House) $1820 $Data is updating

Housing Comparison: Laconia vs Michigan city

  • In Laconia, the median home price is higher at $325,000, while in Michigan city it is $120,000.
  • The rent for a two-bedroom apartment is equal in both Laconia and Michigan city at $1,700.

Utilities

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

Metric Laconia Michigan city
Electricity Price $22.44 $13.42
Natural Gas Price $17.58 $22.19
Other Utilities $250 $Data is updating

Utilities Comparison: Laconia vs Michigan city

  • Electricity costs are higher in Laconia at $22.44 per kWh, compared to $13.42 in Michigan city.
  • Michigan city experiences higher natural gas costs at $22.19 per unit, with costs at $17.58 in Laconia.
  • Utility expenses are equal in both Laconia and Michigan city averaging $250.