Cost of Living: El dorado, AR vs Lakeville, MA
Housing
The housing market plays a significant role in determining the cost of living.
Metric | El dorado | Lakeville |
---|---|---|
Housing Index | 85.0 | 125.0 |
Median Home Price | $135,000 | $400,000 |
Average Rent (2 BR Apartment) | $800 | $2200 |
Average Rent (2 BR House) | $816 | $2240 |
Housing Comparison: El dorado vs Lakeville
- The median home price in Lakeville is higher at $400,000, compared to $135,000 in El dorado.
- Renting a two-bedroom apartment costs more in El dorado at $800 than in Lakeville at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | El dorado | Lakeville |
---|---|---|
Electricity Price | $12.36 | $28.15 |
Natural Gas Price | $17.08 | $21.62 |
Other Utilities | $200 | $250 |
Utilities Comparison: El dorado vs Lakeville
- Lakeville has higher electricity costs at $28.15 per kWh, versus $12.36 in El dorado.
- Lakeville experiences higher natural gas costs at $21.62 per unit, with costs at $17.08 in El dorado.
- Lakeville has higher utility expenses, averaging $250, while El dorado averages $200.