Cost of Living: Lake hill, NY vs Honolulu, HI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake hill | Honolulu |
|---|---|---|
| Housing Index | 115.0 | 186.5 |
| Median Home Price | $310,000 | $727,700 |
| Average Rent (2 BR Apartment) | $1800 | $2800 |
| Average Rent (2 BR House) | $1900 | $2846 |
Housing Comparison: Lake hill vs Honolulu
- The median home price in Honolulu is higher at $727,700, compared to $310,000 in Lake hill.
- In Honolulu, the rental for a two-bedroom apartment stands at $2,800, 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 | Honolulu |
|---|---|---|
| Electricity Price | $26.08 | $42.45 |
| Natural Gas Price | $18.13 | $51.22 |
| Other Utilities | $250 | $400 |
Utilities Comparison: Lake hill vs Honolulu
- Honolulu has higher electricity costs at $42.45 per kWh, versus $26.08 in Lake hill.
- Honolulu experiences higher natural gas costs at $51.22 per unit, with costs at $18.13 in Lake hill.
- Honolulu has higher utility expenses, averaging $400, while Lake hill averages $250.