Cost of Living: Lake city, FL vs Stuttgart, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake city | Stuttgart |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $262,000 | $145,000 |
| Average Rent (2 BR Apartment) | $1200 | $1120 |
| Average Rent (2 BR House) | $1360 | $1160 |
Housing Comparison: Lake city vs Stuttgart
- In Lake city, the median home price is higher at $262,000, while in Stuttgart it is $145,000.
- Renting a two-bedroom apartment costs more in Lake city at $1,200 than in Stuttgart at $1,120.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake city | Stuttgart |
|---|---|---|
| Electricity Price | $13.89 | $12.36 |
| Natural Gas Price | $26.13 | $17.08 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Lake city vs Stuttgart
- Electricity costs are higher in Lake city at $13.89 per kWh, compared to $12.36 in Stuttgart.
- Natural gas is more expensive in Lake city at $26.13 per unit, while it is cheaper at $17.08 in Stuttgart.
- Utility expenses are equal in both Lake city and Stuttgart averaging $200.