Cost of Living: Faribault, MN vs Clearlake, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Faribault | Clearlake |
|---|---|---|
| Housing Index | 85.0 | 120.4 |
| Median Home Price | $226,000 | $327,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1280 | $1625 |
Housing Comparison: Faribault vs Clearlake
- The median home price in Clearlake is higher at $327,000, compared to $226,000 in Faribault.
- In Clearlake, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Faribault.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Faribault | Clearlake |
|---|---|---|
| Electricity Price | $16.38 | $32.99 |
| Natural Gas Price | $14.87 | $16.99 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Faribault vs Clearlake
- Clearlake has higher electricity costs at $32.99 per kWh, versus $16.38 in Faribault.
- Clearlake experiences higher natural gas costs at $16.99 per unit, with costs at $14.87 in Faribault.
- Other utility costs are higher in Faribault at an average of $250, compared to Clearlake with $200.