Cost of Living: Lake leelanau, MI vs Pownal, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake leelanau | Pownal |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $393,000 | $300,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Lake leelanau vs Pownal
- In Lake leelanau, the median home price is higher at $393,000, while in Pownal it is $300,000.
- The rent for a two-bedroom apartment is equal in both Lake leelanau and Pownal at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake leelanau | Pownal |
|---|---|---|
| Electricity Price | $19.88 | $22.26 |
| Natural Gas Price | $15.42 | $21.63 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lake leelanau vs Pownal
- Pownal has higher electricity costs at $22.26 per kWh, versus $19.88 in Lake leelanau.
- Pownal experiences higher natural gas costs at $21.63 per unit, with costs at $15.42 in Lake leelanau.
- Utility expenses are equal in both Lake leelanau and Pownal averaging $250.