Cost of Living: Lake grove, NY vs Humphrey, NE

Housing

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

Metric Lake grove Humphrey
Housing Index 120.0 85.0
Median Home Price $646,500 $128,000
Average Rent (2 BR Apartment) $2400 $960
Average Rent (2 BR House) $2320 $1000

Housing Comparison: Lake grove vs Humphrey

  • In Lake grove, the median home price is higher at $646,500, while in Humphrey it is $128,000.
  • In Humphrey, the rental for a two-bedroom apartment stands at $960, while it is $2,400 in Lake grove.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Lake grove Humphrey
Electricity Price $26.08 $12.92
Natural Gas Price $18.13 $13.89
Other Utilities $250 $250

Utilities Comparison: Lake grove vs Humphrey

  • Electricity costs are higher in Lake grove at $26.08 per kWh, compared to $12.92 in Humphrey.
  • Natural gas is more expensive in Lake grove at $18.13 per unit, while it is cheaper at $13.89 in Humphrey.
  • Utility expenses are equal in both Lake grove and Humphrey averaging $250.