Cost of Living: Lake city, FL vs Irving, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake city | Irving |
|---|---|---|
| Housing Index | 85.0 | 97.5 |
| Median Home Price | $262,000 | $393,765 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1360 | $1872 |
Housing Comparison: Lake city vs Irving
- The median home price in Irving is higher at $393,765, compared to $262,000 in Lake city.
- In Irving, 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 | Irving |
|---|---|---|
| Electricity Price | $13.89 | $14.47 |
| Natural Gas Price | $26.13 | $26.29 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Lake city vs Irving
- Irving has higher electricity costs at $14.47 per kWh, versus $13.89 in Lake city.
- Irving experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in Lake city.
- Utility expenses are equal in both Lake city and Irving averaging $200.