Cost of Living: Booneville, MS vs Pequot lakes, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Booneville | Pequot lakes |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $150,000 | $290,000 |
| Average Rent (2 BR Apartment) | $1200 | $1160 |
| Average Rent (2 BR House) | $1280 | $1200 |
Housing Comparison: Booneville vs Pequot lakes
- The median home price in Pequot lakes is higher at $290,000, compared to $150,000 in Booneville.
- Renting a two-bedroom apartment costs more in Booneville at $1,200 than in Pequot lakes at $1,160.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Booneville | Pequot lakes |
|---|---|---|
| Electricity Price | $13.42 | $16.38 |
| Natural Gas Price | $22.19 | $14.87 |
| Other Utilities | $180 | $200 |
Utilities Comparison: Booneville vs Pequot lakes
- Pequot lakes has higher electricity costs at $16.38 per kWh, versus $13.42 in Booneville.
- Natural gas is more expensive in Booneville at $22.19 per unit, while it is cheaper at $14.87 in Pequot lakes.
- Pequot lakes has higher utility expenses, averaging $200, while Booneville averages $180.