Cost of Living: Forest lake, MN vs Rogers, AR

Housing

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

Metric Forest lake Rogers
Housing Index 115.0 85.0
Median Home Price $374,000 $276,000
Average Rent (2 BR Apartment) $1500 $1200
Average Rent (2 BR House) $1600 $1360

Housing Comparison: Forest lake vs Rogers

  • In Forest lake, the median home price is higher at $374,000, while in Rogers it is $276,000.
  • Renting a two-bedroom apartment costs more in Forest lake at $1,500 than in Rogers 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 Rogers
Electricity Price $16.38 $12.36
Natural Gas Price $14.87 $17.08
Other Utilities $250 $240

Utilities Comparison: Forest lake vs Rogers

  • Electricity costs are higher in Forest lake at $16.38 per kWh, compared to $12.36 in Rogers.
  • Rogers experiences higher natural gas costs at $17.08 per unit, with costs at $14.87 in Forest lake.
  • Other utility costs are higher in Forest lake at an average of $250, compared to Rogers with $240.