Cost of Living: Lake leelanau, MI vs Liberty, NC

Housing

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

Metric Lake leelanau Liberty
Housing Index 120.0 85.0
Median Home Price $393,000 $272,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1840 $1286

Housing Comparison: Lake leelanau vs Liberty

  • In Lake leelanau, the median home price is higher at $393,000, while in Liberty it is $272,000.
  • Renting a two-bedroom apartment costs more in Lake leelanau at $1,800 than in Liberty 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 Lake leelanau Liberty
Electricity Price $19.88 $13.72
Natural Gas Price $15.42 $Data is updating
Other Utilities $250 $200

Utilities Comparison: Lake leelanau vs Liberty

  • Electricity costs are higher in Lake leelanau at $19.88 per kWh, compared to $13.72 in Liberty.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Lake leelanau at an average of $250, compared to Liberty with $200.