Cost of Living: Luna pier, MI vs Downey, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Luna pier | Downey |
|---|---|---|
| Housing Index | 90.0 | 140.0 |
| Median Home Price | $194,000 | $600,000 |
| Average Rent (2 BR Apartment) | $1600 | $2500 |
| Average Rent (2 BR House) | $1640 | $2400 |
Housing Comparison: Luna pier vs Downey
- The median home price in Downey is higher at $600,000, compared to $194,000 in Luna pier.
- In Downey, the rental for a two-bedroom apartment stands at $2,500, while it is $1,600 in Luna pier.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Luna pier | Downey |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $15.42 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Luna pier vs Downey
- Downey has higher electricity costs at $32.99 per kWh, versus $19.88 in Luna pier.
- Downey experiences higher natural gas costs at $16.99 per unit, with costs at $15.42 in Luna pier.
- Utility expenses are equal in both Luna pier and Downey averaging $250.