Cost of Living: Forest lake, MN vs Middletown, NY

Housing

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

Metric Forest lake Middletown
Housing Index 115.0 115.0
Median Home Price $374,000 $356,000
Average Rent (2 BR Apartment) $1500 $1800
Average Rent (2 BR House) $1600 $1840

Housing Comparison: Forest lake vs Middletown

  • In Forest lake, the median home price is higher at $374,000, while in Middletown it is $356,000.
  • In Middletown, the rental for a two-bedroom apartment stands at $1,800, 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 Middletown
Electricity Price $16.38 $26.08
Natural Gas Price $14.87 $18.13
Other Utilities $250 $250

Utilities Comparison: Forest lake vs Middletown

  • Middletown has higher electricity costs at $26.08 per kWh, versus $16.38 in Forest lake.
  • Middletown experiences higher natural gas costs at $18.13 per unit, with costs at $14.87 in Forest lake.
  • Utility expenses are equal in both Forest lake and Middletown averaging $250.