Cost of Living: Saginaw, MI vs Lafayette, IN

Housing

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

Metric Saginaw Lafayette
Housing Index 75.0 90.0
Median Home Price $108,000 $218,000
Average Rent (2 BR Apartment) $1200 $900
Average Rent (2 BR House) $1000 $950

Housing Comparison: Saginaw vs Lafayette

  • The median home price in Lafayette is higher at $218,000, compared to $108,000 in Saginaw.
  • In Lafayette, the rental for a two-bedroom apartment stands at $900, while it is $1,200 in Saginaw.

Utilities

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

Metric Saginaw Lafayette
Electricity Price $19.88 $14.89
Natural Gas Price $15.42 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Saginaw vs Lafayette

  • Electricity costs are higher in Saginaw at $19.88 per kWh, compared to $14.89 in Lafayette.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Saginaw and Lafayette averaging $250.