Cost of Living: Lake stevens, WA vs Merced, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake stevens | Merced |
|---|---|---|
| Housing Index | 115.0 | 115.0 |
| Median Home Price | $594,000 | $358,000 |
| Average Rent (2 BR Apartment) | $2300 | $1800 |
| Average Rent (2 BR House) | $2400 | $1825 |
Housing Comparison: Lake stevens vs Merced
- In Lake stevens, the median home price is higher at $594,000, while in Merced it is $358,000.
- Renting a two-bedroom apartment costs more in Lake stevens at $2,300 than in Merced 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 stevens | Merced |
|---|---|---|
| Electricity Price | $12.34 | $32.99 |
| Natural Gas Price | $18.14 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lake stevens vs Merced
- Merced has higher electricity costs at $32.99 per kWh, versus $12.34 in Lake stevens.
- Natural gas is more expensive in Lake stevens at $18.14 per unit, while it is cheaper at $16.99 in Merced.
- Utility expenses are equal in both Lake stevens and Merced averaging $250.