Cost of Living: Forest lake, MN vs Chino hills, CA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Forest lake Chino hills
Housing Index 115.0 140.0
Median Home Price $374,000 $738,000
Average Rent (2 BR Apartment) $1500 $2800
Average Rent (2 BR House) $1600 $2880

Housing Comparison: Forest lake vs Chino hills

  • The median home price in Chino hills is higher at $738,000, compared to $374,000 in Forest lake.
  • In Chino hills, the rental for a two-bedroom apartment stands at $2,800, while it is $1,500 in Forest lake.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Forest lake Chino hills
Electricity Price $16.38 $32.99
Natural Gas Price $14.87 $16.99
Other Utilities $250 $250

Utilities Comparison: Forest lake vs Chino hills

  • Chino hills has higher electricity costs at $32.99 per kWh, versus $16.38 in Forest lake.
  • Chino hills experiences higher natural gas costs at $16.99 per unit, with costs at $14.87 in Forest lake.
  • Utility expenses are equal in both Forest lake and Chino hills averaging $250.