Cost of Living: Lake grove, NY vs Norway, MI
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Lake grove | Norway |
---|---|---|
Housing Index | 120.0 | Data is updating |
Median Home Price | $646,500 | $150,000 |
Average Rent (2 BR Apartment) | $2400 | $Data is updating |
Average Rent (2 BR House) | $2320 | $Data is updating |
Housing Comparison: Lake grove vs Norway
- In Lake grove, the median home price is higher at $646,500, while in Norway it is $150,000.
- The rent for a two-bedroom apartment is equal in both Lake grove and Norway at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Lake grove | Norway |
---|---|---|
Electricity Price | $26.08 | $19.88 |
Natural Gas Price | $18.13 | $15.42 |
Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lake grove vs Norway
- Electricity costs are higher in Lake grove at $26.08 per kWh, compared to $19.88 in Norway.
- Natural gas is more expensive in Lake grove at $18.13 per unit, while it is cheaper at $15.42 in Norway.
- Utility expenses are equal in both Lake grove and Norway averaging $250.