Cost of Living: Lansing, MI vs Bonnerdale, AR
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Lansing | Bonnerdale |
---|---|---|
Housing Index | 85.0 | Data is updating |
Median Home Price | $228,500 | $150,000 |
Average Rent (2 BR Apartment) | $1200 | $Data is updating |
Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Lansing vs Bonnerdale
- In Lansing, the median home price is higher at $228,500, while in Bonnerdale it is $150,000.
- The rent for a two-bedroom apartment is equal in both Lansing and Bonnerdale 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 | Lansing | Bonnerdale |
---|---|---|
Electricity Price | $19.88 | $12.36 |
Natural Gas Price | $15.42 | $17.08 |
Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lansing vs Bonnerdale
- Electricity costs are higher in Lansing at $19.88 per kWh, compared to $12.36 in Bonnerdale.
- Bonnerdale experiences higher natural gas costs at $17.08 per unit, with costs at $15.42 in Lansing.
- Utility expenses are equal in both Lansing and Bonnerdale averaging $250.