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.