Cost of Living: Forest lake, MN vs South hero, VT

Housing

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

Metric Forest lake South hero
Housing Index 115.0 Data is updating
Median Home Price $374,000 $350,000
Average Rent (2 BR Apartment) $1500 $Data is updating
Average Rent (2 BR House) $1600 $Data is updating

Housing Comparison: Forest lake vs South hero

  • In Forest lake, the median home price is higher at $374,000, while in South hero it is $350,000.
  • The rent for a two-bedroom apartment is equal in both Forest lake and South hero 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 South hero
Electricity Price $16.38 $21.91
Natural Gas Price $14.87 $18.28
Other Utilities $250 $Data is updating

Utilities Comparison: Forest lake vs South hero

  • South hero has higher electricity costs at $21.91 per kWh, versus $16.38 in Forest lake.
  • South hero experiences higher natural gas costs at $18.28 per unit, with costs at $14.87 in Forest lake.
  • Utility expenses are equal in both Forest lake and South hero averaging $250.