Cost of Living: Belmont, CA vs Lake ariel, PA

Housing

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

Metric Belmont Lake ariel
Housing Index 165.0 90.0
Median Home Price $1,360,000 $310,000
Average Rent (2 BR Apartment) $3200 $1600
Average Rent (2 BR House) $3400 $1640

Housing Comparison: Belmont vs Lake ariel

  • In Belmont, the median home price is higher at $1,360,000, while in Lake ariel it is $310,000.
  • Renting a two-bedroom apartment costs more in Belmont at $3,200 than in Lake ariel at $1,600.

Utilities

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

Metric Belmont Lake ariel
Electricity Price $32.99 $17.68
Natural Gas Price $16.99 $17.61
Other Utilities $250 $250

Utilities Comparison: Belmont vs Lake ariel

  • Electricity costs are higher in Belmont at $32.99 per kWh, compared to $17.68 in Lake ariel.
  • Lake ariel experiences higher natural gas costs at $17.61 per unit, with costs at $16.99 in Belmont.
  • Utility expenses are equal in both Belmont and Lake ariel averaging $250.