Cost of Living: Lake elsinore, CA vs North mankato, MN

Housing

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

Metric Lake elsinore North mankato
Housing Index 120.5 70.2
Median Home Price $535,000 $262,500
Average Rent (2 BR Apartment) $2400 $1200
Average Rent (2 BR House) $2425 $1548

Housing Comparison: Lake elsinore vs North mankato

  • In Lake elsinore, the median home price is higher at $535,000, while in North mankato it is $262,500.
  • Renting a two-bedroom apartment costs more in Lake elsinore at $2,400 than in North mankato 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 elsinore North mankato
Electricity Price $32.99 $16.38
Natural Gas Price $16.99 $14.87
Other Utilities $280 $250

Utilities Comparison: Lake elsinore vs North mankato

  • Electricity costs are higher in Lake elsinore at $32.99 per kWh, compared to $16.38 in North mankato.
  • Natural gas is more expensive in Lake elsinore at $16.99 per unit, while it is cheaper at $14.87 in North mankato.
  • Other utility costs are higher in Lake elsinore at an average of $280, compared to North mankato with $250.