Cost of Living: Canby, OR vs Lakeville, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Canby | Lakeville |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $489,000 | $380,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1936 | $1920 |
Housing Comparison: Canby vs Lakeville
- In Canby, the median home price is higher at $489,000, while in Lakeville it is $380,000.
- The rent for a two-bedroom apartment is equal in both Canby and 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 | Canby | Lakeville |
|---|---|---|
| Electricity Price | $15.12 | $16.38 |
| Natural Gas Price | $16.5 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Canby vs Lakeville
- Lakeville has higher electricity costs at $16.38 per kWh, versus $15.12 in Canby.
- Natural gas is more expensive in Canby at $16.5 per unit, while it is cheaper at $14.87 in Lakeville.
- Utility expenses are equal in both Canby and Lakeville averaging $250.