Cost of Living: Folsom, CA vs Lakeville, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Folsom | Lakeville |
|---|---|---|
| Housing Index | 130.0 | 125.0 |
| Median Home Price | $657,000 | $400,000 |
| Average Rent (2 BR Apartment) | $2500 | $2200 |
| Average Rent (2 BR House) | $2557 | $2240 |
Housing Comparison: Folsom vs Lakeville
- In Folsom, the median home price is higher at $657,000, while in Lakeville it is $400,000.
- Renting a two-bedroom apartment costs more in Folsom at $2,500 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 | Folsom | Lakeville |
|---|---|---|
| Electricity Price | $32.99 | $28.15 |
| Natural Gas Price | $16.99 | $21.62 |
| Other Utilities | $300 | $250 |
Utilities Comparison: Folsom vs Lakeville
- Electricity costs are higher in Folsom at $32.99 per kWh, compared to $28.15 in Lakeville.
- Lakeville experiences higher natural gas costs at $21.62 per unit, with costs at $16.99 in Folsom.
- Other utility costs are higher in Folsom at an average of $300, compared to Lakeville with $250.