Cost of Living: Wickliffe, OH vs Forest lake, MN

Housing

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

Metric Wickliffe Forest lake
Housing Index 90.1 115.0
Median Home Price $198,000 $374,000
Average Rent (2 BR Apartment) $1200 $1500
Average Rent (2 BR House) $1280 $1600

Housing Comparison: Wickliffe vs Forest lake

  • The median home price in Forest lake is higher at $374,000, compared to $198,000 in Wickliffe.
  • In Forest lake, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Wickliffe.

Utilities

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

Metric Wickliffe Forest lake
Electricity Price $15.92 $16.38
Natural Gas Price $Data is updating $14.87
Other Utilities $250 $250

Utilities Comparison: Wickliffe vs Forest lake

  • Forest lake has higher electricity costs at $16.38 per kWh, versus $15.92 in Wickliffe.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Wickliffe and Forest lake averaging $250.