Cost of Living: Lake city, FL vs Chestnut mound, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake city | Chestnut mound |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $262,000 | $Data is updating |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Lake city vs Chestnut mound
- In Lake city, the median home price is higher at $262,000, while in Chestnut mound it is $0.
- The rent for a two-bedroom apartment is equal in both Lake city and Chestnut mound 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 | Lake city | Chestnut mound |
|---|---|---|
| Electricity Price | $13.89 | $12.57 |
| Natural Gas Price | $26.13 | $12.35 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Lake city vs Chestnut mound
- Electricity costs are higher in Lake city at $13.89 per kWh, compared to $12.57 in Chestnut mound.
- Natural gas is more expensive in Lake city at $26.13 per unit, while it is cheaper at $12.35 in Chestnut mound.
- Utility expenses are equal in both Lake city and Chestnut mound averaging $200.