Cost of Living: Mount clemens, MI vs Lockwood, MO

Housing

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

Metric Mount clemens Lockwood
Housing Index 85.0 85.0
Median Home Price $185,000 $162,500
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1280 $1240

Housing Comparison: Mount clemens vs Lockwood

  • In Mount clemens, the median home price is higher at $185,000, while in Lockwood it is $162,500.
  • The rent for a two-bedroom apartment is equal in both Mount clemens and Lockwood 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 Mount clemens Lockwood
Electricity Price $19.88 $14.64
Natural Gas Price $15.42 $23.25
Other Utilities $250 $150

Utilities Comparison: Mount clemens vs Lockwood

  • Electricity costs are higher in Mount clemens at $19.88 per kWh, compared to $14.64 in Lockwood.
  • Lockwood experiences higher natural gas costs at $23.25 per unit, with costs at $15.42 in Mount clemens.
  • Other utility costs are higher in Mount clemens at an average of $250, compared to Lockwood with $150.