Cost of Living: Okeechobee, FL vs Ithaca, MI

Housing

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

Metric Okeechobee Ithaca
Housing Index 85.0 85.0
Median Home Price $206,800 $184,000
Average Rent (2 BR Apartment) $1200 $900
Average Rent (2 BR House) $1440 $920

Housing Comparison: Okeechobee vs Ithaca

  • In Okeechobee, the median home price is higher at $206,800, while in Ithaca it is $184,000.
  • In Ithaca, the rental for a two-bedroom apartment stands at $900, while it is $1,200 in Okeechobee.

Utilities

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

Metric Okeechobee Ithaca
Electricity Price $13.89 $19.88
Natural Gas Price $26.13 $15.42
Other Utilities $180 $200

Utilities Comparison: Okeechobee vs Ithaca

  • Ithaca has higher electricity costs at $19.88 per kWh, versus $13.89 in Okeechobee.
  • Natural gas is more expensive in Okeechobee at $26.13 per unit, while it is cheaper at $15.42 in Ithaca.
  • Ithaca has higher utility expenses, averaging $200, while Okeechobee averages $180.