Cost of Living: Earlham, IA vs Lake city, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Earlham | Lake city |
|---|---|---|
| Housing Index | 89.7 | 85.0 |
| Median Home Price | $215,000 | $262,000 |
| Average Rent (2 BR Apartment) | $1100 | $1200 |
| Average Rent (2 BR House) | $1200 | $1360 |
Housing Comparison: Earlham vs Lake city
- The median home price in Lake city is higher at $262,000, compared to $215,000 in Earlham.
- In Lake city, the rental for a two-bedroom apartment stands at $1,200, while it is $1,100 in Earlham.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Earlham | Lake city |
|---|---|---|
| Electricity Price | $14.82 | $13.89 |
| Natural Gas Price | $15.61 | $26.13 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Earlham vs Lake city
- Electricity costs are higher in Earlham at $14.82 per kWh, compared to $13.89 in Lake city.
- Lake city experiences higher natural gas costs at $26.13 per unit, with costs at $15.61 in Earlham.
- Other utility costs are higher in Earlham at an average of $250, compared to Lake city with $200.