Cost of Living: Jasper, AL vs Pequot lakes, MN

Housing

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

Metric Jasper Pequot lakes
Housing Index 95.2 90.0
Median Home Price $205,000 $290,000
Average Rent (2 BR Apartment) $1200 $1160
Average Rent (2 BR House) $1280 $1200

Housing Comparison: Jasper vs Pequot lakes

  • The median home price in Pequot lakes is higher at $290,000, compared to $205,000 in Jasper.
  • Renting a two-bedroom apartment costs more in Jasper at $1,200 than in Pequot lakes at $1,160.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Jasper Pequot lakes
Electricity Price $15.03 $16.38
Natural Gas Price $21.76 $14.87
Other Utilities $270 $200

Utilities Comparison: Jasper vs Pequot lakes

  • Pequot lakes has higher electricity costs at $16.38 per kWh, versus $15.03 in Jasper.
  • Natural gas is more expensive in Jasper at $21.76 per unit, while it is cheaper at $14.87 in Pequot lakes.
  • Other utility costs are higher in Jasper at an average of $270, compared to Pequot lakes with $200.