Cost of Living: Lake hill, NY vs Malmo, NE
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake hill | Malmo |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $310,000 | $172,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1900 | $Data is updating |
Housing Comparison: Lake hill vs Malmo
- In Lake hill, the median home price is higher at $310,000, while in Malmo it is $172,000.
- The rent for a two-bedroom apartment is equal in both Lake hill and Malmo at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake hill | Malmo |
|---|---|---|
| Electricity Price | $26.08 | $12.92 |
| Natural Gas Price | $18.13 | $13.89 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lake hill vs Malmo
- Electricity costs are higher in Lake hill at $26.08 per kWh, compared to $12.92 in Malmo.
- Natural gas is more expensive in Lake hill at $18.13 per unit, while it is cheaper at $13.89 in Malmo.
- Utility expenses are equal in both Lake hill and Malmo averaging $250.