Cost of Living: Lake hill, NY vs Colleyville, TX

Housing

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

Metric Lake hill Colleyville
Housing Index 115.0 130.7
Median Home Price $310,000 $531,000
Average Rent (2 BR Apartment) $1800 $2300
Average Rent (2 BR House) $1900 $2365

Housing Comparison: Lake hill vs Colleyville

  • The median home price in Colleyville is higher at $531,000, compared to $310,000 in Lake hill.
  • In Colleyville, the rental for a two-bedroom apartment stands at $2,300, while it is $1,800 in Lake hill.

Utilities

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

Metric Lake hill Colleyville
Electricity Price $26.08 $14.47
Natural Gas Price $18.13 $26.29
Other Utilities $250 $250

Utilities Comparison: Lake hill vs Colleyville

  • Electricity costs are higher in Lake hill at $26.08 per kWh, compared to $14.47 in Colleyville.
  • Colleyville experiences higher natural gas costs at $26.29 per unit, with costs at $18.13 in Lake hill.
  • Utility expenses are equal in both Lake hill and Colleyville averaging $250.