Cost of Living: Palmyra, NY vs Luna pier, MI

Housing

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

Metric Palmyra Luna pier
Housing Index 110.0 90.0
Median Home Price $185,000 $194,000
Average Rent (2 BR Apartment) $1600 $1600
Average Rent (2 BR House) $1630 $1640

Housing Comparison: Palmyra vs Luna pier

  • The median home price in Luna pier is higher at $194,000, compared to $185,000 in Palmyra.
  • The rent for a two-bedroom apartment is equal in both Palmyra and Luna pier at $1,600.

Utilities

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

Metric Palmyra Luna pier
Electricity Price $26.08 $19.88
Natural Gas Price $18.13 $15.42
Other Utilities $275 $250

Utilities Comparison: Palmyra vs Luna pier

  • Electricity costs are higher in Palmyra at $26.08 per kWh, compared to $19.88 in Luna pier.
  • Natural gas is more expensive in Palmyra at $18.13 per unit, while it is cheaper at $15.42 in Luna pier.
  • Other utility costs are higher in Palmyra at an average of $275, compared to Luna pier with $250.