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.