Cost of Living: Lafayette, IN vs Shelby, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lafayette | Shelby |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $218,000 | $204,000 |
| Average Rent (2 BR Apartment) | $900 | $Data is updating |
| Average Rent (2 BR House) | $950 | $Data is updating |
Housing Comparison: Lafayette vs Shelby
- In Lafayette, the median home price is higher at $218,000, while in Shelby it is $204,000.
- The rent for a two-bedroom apartment is equal in both Lafayette and Shelby at $900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lafayette | Shelby |
|---|---|---|
| Electricity Price | $14.89 | $19.88 |
| Natural Gas Price | $Data is updating | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lafayette vs Shelby
- Shelby has higher electricity costs at $19.88 per kWh, versus $14.89 in Lafayette.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lafayette and Shelby averaging $250.