Cost of Living: Newton, KS vs Lake leelanau, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newton | Lake leelanau |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $200,000 | $393,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1360 | $1840 |
Housing Comparison: Newton vs Lake leelanau
- The median home price in Lake leelanau is higher at $393,000, compared to $200,000 in Newton.
- In Lake leelanau, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Newton.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newton | Lake leelanau |
|---|---|---|
| Electricity Price | $14.22 | $19.88 |
| Natural Gas Price | $Data is updating | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Newton vs Lake leelanau
- Lake leelanau has higher electricity costs at $19.88 per kWh, versus $14.22 in Newton.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Newton and Lake leelanau averaging $250.