Cost of Living: Forest lake, MN vs Milton, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Forest lake | Milton |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $374,000 | $275,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: Forest lake vs Milton
- In Forest lake, the median home price is higher at $374,000, while in Milton it is $275,000.
- The rent for a two-bedroom apartment is equal in both Forest lake and Milton 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 | Milton |
|---|---|---|
| Electricity Price | $16.38 | $12.57 |
| Natural Gas Price | $14.87 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Forest lake vs Milton
- Electricity costs are higher in Forest lake at $16.38 per kWh, compared to $12.57 in Milton.
- Natural gas is more expensive in Forest lake at $14.87 per unit, while it is cheaper at $12.35 in Milton.
- Utility expenses are equal in both Forest lake and Milton averaging $250.