Cost of Living: Norman, OK vs Lansing, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norman | Lansing |
|---|---|---|
| Housing Index | 85.5 | 85.0 |
| Median Home Price | $265,000 | $228,500 |
| Average Rent (2 BR Apartment) | $1100 | $1200 |
| Average Rent (2 BR House) | $1200 | $1360 |
Housing Comparison: Norman vs Lansing
- In Norman, the median home price is higher at $265,000, while in Lansing it is $228,500.
- In Lansing, the rental for a two-bedroom apartment stands at $1,200, while it is $1,100 in Norman.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norman | Lansing |
|---|---|---|
| Electricity Price | $12.37 | $19.88 |
| Natural Gas Price | $20.27 | $15.42 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Norman vs Lansing
- Lansing has higher electricity costs at $19.88 per kWh, versus $12.37 in Norman.
- Natural gas is more expensive in Norman at $20.27 per unit, while it is cheaper at $15.42 in Lansing.
- Utility expenses are equal in both Norman and Lansing averaging $250.