Cost of Living: El monte, CA vs Lakeville, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | El monte | Lakeville |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $646,000 | $380,000 |
| Average Rent (2 BR Apartment) | $2100 | $1800 |
| Average Rent (2 BR House) | $2150 | $1920 |
Housing Comparison: El monte vs Lakeville
- In El monte, the median home price is higher at $646,000, while in Lakeville it is $380,000.
- Renting a two-bedroom apartment costs more in El monte at $2,100 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 | El monte | Lakeville |
|---|---|---|
| Electricity Price | $32.99 | $16.38 |
| Natural Gas Price | $16.99 | $14.87 |
| Other Utilities | $280 | $250 |
Utilities Comparison: El monte vs Lakeville
- Electricity costs are higher in El monte at $32.99 per kWh, compared to $16.38 in Lakeville.
- Natural gas is more expensive in El monte at $16.99 per unit, while it is cheaper at $14.87 in Lakeville.
- Other utility costs are higher in El monte at an average of $280, compared to Lakeville with $250.