Cost of Living: Lake city, FL vs Chico, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake city | Chico |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $262,000 | $436,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1360 | $1840 |
Housing Comparison: Lake city vs Chico
- The median home price in Chico is higher at $436,000, compared to $262,000 in Lake city.
- In Chico, the rental for a two-bedroom apartment stands at $1,800, 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 | Chico |
|---|---|---|
| Electricity Price | $13.89 | $32.99 |
| Natural Gas Price | $26.13 | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Lake city vs Chico
- Chico has higher electricity costs at $32.99 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 $16.99 in Chico.
- Chico has higher utility expenses, averaging $250, while Lake city averages $200.