Cost of Living: Lake grove, NY vs Martinsburg, WV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake grove | Martinsburg |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $646,500 | $249,000 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2320 | $1360 |
Housing Comparison: Lake grove vs Martinsburg
- In Lake grove, the median home price is higher at $646,500, while in Martinsburg it is $249,000.
- Renting a two-bedroom apartment costs more in Lake grove at $2,400 than in Martinsburg at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake grove | Martinsburg |
|---|---|---|
| Electricity Price | $26.08 | $15.48 |
| Natural Gas Price | $18.13 | $23.05 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Lake grove vs Martinsburg
- Electricity costs are higher in Lake grove at $26.08 per kWh, compared to $15.48 in Martinsburg.
- Martinsburg experiences higher natural gas costs at $23.05 per unit, with costs at $18.13 in Lake grove.
- Other utility costs are higher in Lake grove at an average of $250, compared to Martinsburg with $200.