Cost of Living: Lake city, FL vs Island park, NY

Housing

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

Metric Lake city Island park
Housing Index 85.0 Data is updating
Median Home Price $262,000 $485,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1360 $Data is updating

Housing Comparison: Lake city vs Island park

  • The median home price in Island park is higher at $485,000, compared to $262,000 in Lake city.
  • The rent for a two-bedroom apartment is equal in both Lake city and Island park 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 Island park
Electricity Price $13.89 $26.08
Natural Gas Price $26.13 $18.13
Other Utilities $200 $Data is updating

Utilities Comparison: Lake city vs Island park

  • Island park has higher electricity costs at $26.08 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 $18.13 in Island park.
  • Utility expenses are equal in both Lake city and Island park averaging $200.