Cost of Living: Shafer, MN vs Lubbock, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Shafer | Lubbock |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $321,000 | $232,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Shafer vs Lubbock
- In Shafer, the median home price is higher at $321,000, while in Lubbock it is $232,000.
- The rent for a two-bedroom apartment is equal in both Shafer and Lubbock at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Shafer | Lubbock |
|---|---|---|
| Electricity Price | $16.38 | $14.47 |
| Natural Gas Price | $14.87 | $26.29 |
| Other Utilities | $Data is updating | $260 |
Utilities Comparison: Shafer vs Lubbock
- Electricity costs are higher in Shafer at $16.38 per kWh, compared to $14.47 in Lubbock.
- Lubbock experiences higher natural gas costs at $26.29 per unit, with costs at $14.87 in Shafer.
- Utility expenses are equal in both Shafer and Lubbock averaging $0.0.