Cost of Living: Lathrup village, MI vs Watertown, SD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lathrup village | Watertown |
|---|---|---|
| Housing Index | Data is updating | 75.0 |
| Median Home Price | $225,000 | $220,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1440 |
Housing Comparison: Lathrup village vs Watertown
- In Lathrup village, the median home price is higher at $225,000, while in Watertown it is $220,000.
- The rent for a two-bedroom apartment is equal in both Lathrup village and Watertown at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lathrup village | Watertown |
|---|---|---|
| Electricity Price | $19.88 | $14.15 |
| Natural Gas Price | $15.42 | $10.63 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Lathrup village vs Watertown
- Electricity costs are higher in Lathrup village at $19.88 per kWh, compared to $14.15 in Watertown.
- Natural gas is more expensive in Lathrup village at $15.42 per unit, while it is cheaper at $10.63 in Watertown.
- Utility expenses are equal in both Lathrup village and Watertown averaging $0.0.