Cost of Living: Oak lawn, IL vs Lake odessa, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oak lawn | Lake odessa |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $215,000 | $190,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: Oak lawn vs Lake odessa
- In Oak lawn, the median home price is higher at $215,000, while in Lake odessa it is $190,000.
- The rent for a two-bedroom apartment is equal in both Oak lawn and Lake odessa at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Oak lawn | Lake odessa |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Oak lawn vs Lake odessa
- Lake odessa has higher electricity costs at $19.88 per kWh, versus $16.15 in Oak lawn.
- Natural gas is more expensive in Oak lawn at $16.59 per unit, while it is cheaper at $15.42 in Lake odessa.
- Utility expenses are equal in both Oak lawn and Lake odessa averaging $250.