Cost of Living: Forest lake, MN vs Green bay, WI

Housing

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

Metric Forest lake Green bay
Housing Index 115.0 90.0
Median Home Price $374,000 $230,000
Average Rent (2 BR Apartment) $1500 $1200
Average Rent (2 BR House) $1600 $1230

Housing Comparison: Forest lake vs Green bay

  • In Forest lake, the median home price is higher at $374,000, while in Green bay it is $230,000.
  • Renting a two-bedroom apartment costs more in Forest lake at $1,500 than in Green bay at $1,200.

Utilities

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

Metric Forest lake Green bay
Electricity Price $16.38 $17.6
Natural Gas Price $14.87 $11.5
Other Utilities $250 $250

Utilities Comparison: Forest lake vs Green bay

  • Green bay 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 Green bay.
  • Utility expenses are equal in both Forest lake and Green bay averaging $250.