Cost of Living: Olla, LA vs Redford, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Olla | Redford |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $150,000 | $162,500 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1250 |
Housing Comparison: Olla vs Redford
- The median home price in Redford is higher at $162,500, compared to $150,000 in Olla.
- The rent for a two-bedroom apartment is equal in both Olla and Redford 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 | Olla | Redford |
|---|---|---|
| Electricity Price | $11.42 | $19.88 |
| Natural Gas Price | $19.48 | $15.42 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Olla vs Redford
- Redford has higher electricity costs at $19.88 per kWh, versus $11.42 in Olla.
- Natural gas is more expensive in Olla at $19.48 per unit, while it is cheaper at $15.42 in Redford.
- Utility expenses are equal in both Olla and Redford averaging $0.0.