Cost of Living: Forest lake, MN vs Friendship, WI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Forest lake | Friendship |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $374,000 | $180,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: Forest lake vs Friendship
- In Forest lake, the median home price is higher at $374,000, while in Friendship it is $180,000.
- The rent for a two-bedroom apartment is equal in both Forest lake and Friendship at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Forest lake | Friendship |
|---|---|---|
| Electricity Price | $16.38 | $17.6 |
| Natural Gas Price | $14.87 | $11.5 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Forest lake vs Friendship
- Friendship has higher electricity costs at $17.6 per kWh, versus $16.38 in Forest lake.
- Natural gas is more expensive in Forest lake at $14.87 per unit, while it is cheaper at $11.5 in Friendship.
- Utility expenses are equal in both Forest lake and Friendship averaging $250.