Cost of Living: Manchester, NH vs Lansing, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Manchester | Lansing |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $348,000 | $228,500 |
| Average Rent (2 BR Apartment) | $1900 | $1200 |
| Average Rent (2 BR House) | $2000 | $1360 |
Housing Comparison: Manchester vs Lansing
- In Manchester, the median home price is higher at $348,000, while in Lansing it is $228,500.
- Renting a two-bedroom apartment costs more in Manchester at $1,900 than in Lansing 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 | Manchester | Lansing |
|---|---|---|
| Electricity Price | $22.44 | $19.88 |
| Natural Gas Price | $17.58 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Manchester vs Lansing
- Electricity costs are higher in Manchester at $22.44 per kWh, compared to $19.88 in Lansing.
- Natural gas is more expensive in Manchester at $17.58 per unit, while it is cheaper at $15.42 in Lansing.
- Utility expenses are equal in both Manchester and Lansing averaging $250.