Cost of Living: New albin, IA vs Lake leelanau, MI

Housing

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

Metric New albin Lake leelanau
Housing Index Data is updating 120.0
Median Home Price $145,000 $393,000
Average Rent (2 BR Apartment) $Data is updating $1800
Average Rent (2 BR House) $Data is updating $1840

Housing Comparison: New albin vs Lake leelanau

  • The median home price in Lake leelanau is higher at $393,000, compared to $145,000 in New albin.
  • The rent for a two-bedroom apartment is equal in both New albin and Lake leelanau at $0.0.

Utilities

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

Metric New albin Lake leelanau
Electricity Price $14.82 $19.88
Natural Gas Price $15.61 $15.42
Other Utilities $Data is updating $250

Utilities Comparison: New albin vs Lake leelanau

  • Lake leelanau has higher electricity costs at $19.88 per kWh, versus $14.82 in New albin.
  • Natural gas is more expensive in New albin at $15.61 per unit, while it is cheaper at $15.42 in Lake leelanau.
  • Utility expenses are equal in both New albin and Lake leelanau averaging $0.0.