Cost of Living: Lansing, MI vs Newport beach, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lansing | Newport beach |
|---|---|---|
| Housing Index | 90.0 | 136.2 |
| Median Home Price | $228,500 | $2,295,000 |
| Average Rent (2 BR Apartment) | $1173 | $2796 |
| Average Rent (2 BR House) | $1275 | $3039 |
Housing Comparison: Lansing vs Newport beach
- The median home price in Newport beach is higher at $2,295,000, compared to $228,500 in Lansing.
- In Newport beach, the rental for a two-bedroom apartment stands at $2,796, while it is $1,173 in Lansing.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lansing | Newport beach |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $15.42 | $16.99 |
| Other Utilities | $250 | $258 |
Utilities Comparison: Lansing vs Newport beach
- Newport beach has higher electricity costs at $32.99 per kWh, versus $19.88 in Lansing.
- Newport beach experiences higher natural gas costs at $16.99 per unit, with costs at $15.42 in Lansing.
- Newport beach has higher utility expenses, averaging $258, while Lansing averages $250.