Cost of Living: Lake hill, NY vs Spanish fork, UT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake hill | Spanish fork |
|---|---|---|
| Housing Index | 115.0 | 95.0 |
| Median Home Price | $310,000 | $512,000 |
| Average Rent (2 BR Apartment) | $1800 | $1450 |
| Average Rent (2 BR House) | $1900 | $1480 |
Housing Comparison: Lake hill vs Spanish fork
- The median home price in Spanish fork is higher at $512,000, compared to $310,000 in Lake hill.
- Renting a two-bedroom apartment costs more in Lake hill at $1,800 than in Spanish fork at $1,450.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake hill | Spanish fork |
|---|---|---|
| Electricity Price | $26.08 | $11.5 |
| Natural Gas Price | $18.13 | $14 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Lake hill vs Spanish fork
- Electricity costs are higher in Lake hill at $26.08 per kWh, compared to $11.5 in Spanish fork.
- Natural gas is more expensive in Lake hill at $18.13 per unit, while it is cheaper at $14 in Spanish fork.
- Spanish fork has higher utility expenses, averaging $280, while Lake hill averages $250.