Cost of Living: Milwaukee, WI vs Houghton, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Milwaukee | Houghton |
|---|---|---|
| Housing Index | 95.0 | 95.0 |
| Median Home Price | $206,000 | $180,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1280 |
Housing Comparison: Milwaukee vs Houghton
- In Milwaukee, the median home price is higher at $206,000, while in Houghton it is $180,000.
- The rent for a two-bedroom apartment is equal in both Milwaukee and Houghton 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 | Milwaukee | Houghton |
|---|---|---|
| Electricity Price | $17.6 | $19.88 |
| Natural Gas Price | $11.5 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Milwaukee vs Houghton
- Houghton has higher electricity costs at $19.88 per kWh, versus $17.6 in Milwaukee.
- Houghton experiences higher natural gas costs at $15.42 per unit, with costs at $11.5 in Milwaukee.
- Utility expenses are equal in both Milwaukee and Houghton averaging $250.