Cost of Living: Lansing, MI vs Sparks, NV

Housing

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

Metric Lansing Sparks
Housing Index 85.0 105.0
Median Home Price $228,500 $475,000
Average Rent (2 BR Apartment) $1200 $1600
Average Rent (2 BR House) $1360 $1628

Housing Comparison: Lansing vs Sparks

  • The median home price in Sparks is higher at $475,000, compared to $228,500 in Lansing.
  • In Sparks, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Lansing.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Lansing Sparks
Electricity Price $19.88 $15.5
Natural Gas Price $15.42 $20.66
Other Utilities $250 $250

Utilities Comparison: Lansing vs Sparks

  • Electricity costs are higher in Lansing at $19.88 per kWh, compared to $15.5 in Sparks.
  • Sparks experiences higher natural gas costs at $20.66 per unit, with costs at $15.42 in Lansing.
  • Utility expenses are equal in both Lansing and Sparks averaging $250.