Cost of Living: Lake city, FL vs Allentown, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake city | Allentown |
|---|---|---|
| Housing Index | 85.0 | 98.5 |
| Median Home Price | $262,000 | $242,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1360 | $1648 |
Housing Comparison: Lake city vs Allentown
- In Lake city, the median home price is higher at $262,000, while in Allentown it is $242,000.
- In Allentown, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Lake city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake city | Allentown |
|---|---|---|
| Electricity Price | $13.89 | $17.68 |
| Natural Gas Price | $26.13 | $17.61 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Lake city vs Allentown
- Allentown has higher electricity costs at $17.68 per kWh, versus $13.89 in Lake city.
- Natural gas is more expensive in Lake city at $26.13 per unit, while it is cheaper at $17.61 in Allentown.
- Allentown has higher utility expenses, averaging $250, while Lake city averages $200.