Cost of Living: Forest lake, MN vs Pesotum, IL

Housing

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

Metric Forest lake Pesotum
Housing Index 115.0 Data is updating
Median Home Price $374,000 $211,000
Average Rent (2 BR Apartment) $1500 $Data is updating
Average Rent (2 BR House) $1600 $Data is updating

Housing Comparison: Forest lake vs Pesotum

  • In Forest lake, the median home price is higher at $374,000, while in Pesotum it is $211,000.
  • The rent for a two-bedroom apartment is equal in both Forest lake and Pesotum 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 Pesotum
Electricity Price $16.38 $16.15
Natural Gas Price $14.87 $16.59
Other Utilities $250 $Data is updating

Utilities Comparison: Forest lake vs Pesotum

  • Electricity costs are higher in Forest lake at $16.38 per kWh, compared to $16.15 in Pesotum.
  • Pesotum experiences higher natural gas costs at $16.59 per unit, with costs at $14.87 in Forest lake.
  • Utility expenses are equal in both Forest lake and Pesotum averaging $250.