Cost of Living: Cambridge, OH vs Lakeville, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cambridge | Lakeville |
|---|---|---|
| Housing Index | 80.2 | 110.0 |
| Median Home Price | $134,500 | $380,000 |
| Average Rent (2 BR Apartment) | $800 | $1800 |
| Average Rent (2 BR House) | $816 | $1920 |
Housing Comparison: Cambridge vs Lakeville
- The median home price in Lakeville is higher at $380,000, compared to $134,500 in Cambridge.
- Renting a two-bedroom apartment costs more in Cambridge at $800 than in Lakeville at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cambridge | Lakeville |
|---|---|---|
| Electricity Price | $15.92 | $16.38 |
| Natural Gas Price | $Data is updating | $14.87 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Cambridge vs Lakeville
- Lakeville has higher electricity costs at $16.38 per kWh, versus $15.92 in Cambridge.
- Natural gas price data is currently unavailable.
- Lakeville has higher utility expenses, averaging $250, while Cambridge averages $200.