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.