Cost of Living: Coral springs, FL vs Lakeville, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Coral springs | Lakeville |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $419,000 | $380,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2240 | $1920 |
Housing Comparison: Coral springs vs Lakeville
- In Coral springs, the median home price is higher at $419,000, while in Lakeville it is $380,000.
- Renting a two-bedroom apartment costs more in Coral springs at $2,200 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 | Coral springs | Lakeville |
|---|---|---|
| Electricity Price | $13.89 | $16.38 |
| Natural Gas Price | $26.13 | $14.87 |
| Other Utilities | $275 | $250 |
Utilities Comparison: Coral springs vs Lakeville
- Lakeville has higher electricity costs at $16.38 per kWh, versus $13.89 in Coral springs.
- Natural gas is more expensive in Coral springs at $26.13 per unit, while it is cheaper at $14.87 in Lakeville.
- Other utility costs are higher in Coral springs at an average of $275, compared to Lakeville with $250.