Cost of Living: Malta, MT vs Lake odessa, MI

Housing

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

Metric Malta Lake odessa
Housing Index 110.0 Data is updating
Median Home Price $229,000 $190,000
Average Rent (2 BR Apartment) $1600 $Data is updating
Average Rent (2 BR House) $1640 $Data is updating

Housing Comparison: Malta vs Lake odessa

  • In Malta, the median home price is higher at $229,000, while in Lake odessa it is $190,000.
  • The rent for a two-bedroom apartment is equal in both Malta and Lake odessa at $1,600.

Utilities

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

Metric Malta Lake odessa
Electricity Price $13.58 $19.88
Natural Gas Price $8.31 $15.42
Other Utilities $250 $Data is updating

Utilities Comparison: Malta vs Lake odessa

  • Lake odessa has higher electricity costs at $19.88 per kWh, versus $13.58 in Malta.
  • Natural gas is more expensive in Malta at $8.31 per unit, while it is cheaper at $15.42 in Lake odessa.
  • Utility expenses are equal in both Malta and Lake odessa averaging $250.