Cost of Living: Lake leelanau, MI vs Maplewood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake leelanau | Maplewood |
|---|---|---|
| Housing Index | 120.0 | 125.0 |
| Median Home Price | $393,000 | $589,000 |
| Average Rent (2 BR Apartment) | $1800 | $2400 |
| Average Rent (2 BR House) | $1840 | $2450 |
Housing Comparison: Lake leelanau vs Maplewood
- The median home price in Maplewood is higher at $589,000, compared to $393,000 in Lake leelanau.
- In Maplewood, the rental for a two-bedroom apartment stands at $2,400, while it is $1,800 in Lake leelanau.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake leelanau | Maplewood |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $15.42 | $14.01 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Lake leelanau vs Maplewood
- Electricity costs are the same in both Lake leelanau and Maplewood at $19.88 per kWh.
- Natural gas is more expensive in Lake leelanau at $15.42 per unit, while it is cheaper at $14.01 in Maplewood.
- Maplewood has higher utility expenses, averaging $280, while Lake leelanau averages $250.