Cost of Living: Forest lake, MN vs Lake dallas, TX

Housing

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

Metric Forest lake Lake dallas
Housing Index 115.0 Data is updating
Median Home Price $374,000 $322,000
Average Rent (2 BR Apartment) $1500 $Data is updating
Average Rent (2 BR House) $1600 $Data is updating

Housing Comparison: Forest lake vs Lake dallas

  • In Forest lake, the median home price is higher at $374,000, while in Lake dallas it is $322,000.
  • The rent for a two-bedroom apartment is equal in both Forest lake and Lake dallas 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 Lake dallas
Electricity Price $16.38 $14.47
Natural Gas Price $14.87 $26.29
Other Utilities $250 $Data is updating

Utilities Comparison: Forest lake vs Lake dallas

  • Electricity costs are higher in Forest lake at $16.38 per kWh, compared to $14.47 in Lake dallas.
  • Lake dallas experiences higher natural gas costs at $26.29 per unit, with costs at $14.87 in Forest lake.
  • Utility expenses are equal in both Forest lake and Lake dallas averaging $250.