Cost of Living: Amana, IA vs Forest lake, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Amana | Forest lake |
|---|---|---|
| Housing Index | 90.0 | 115.0 |
| Median Home Price | $218,000 | $374,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1280 | $1600 |
Housing Comparison: Amana vs Forest lake
- The median home price in Forest lake is higher at $374,000, compared to $218,000 in Amana.
- In Forest lake, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Amana.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Amana | Forest lake |
|---|---|---|
| Electricity Price | $14.82 | $16.38 |
| Natural Gas Price | $15.61 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Amana vs Forest lake
- Forest lake has higher electricity costs at $16.38 per kWh, versus $14.82 in Amana.
- Natural gas is more expensive in Amana at $15.61 per unit, while it is cheaper at $14.87 in Forest lake.
- Utility expenses are equal in both Amana and Forest lake averaging $250.