Cost of Living: Lake stevens, WA vs North mankato, MN

Housing

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

Metric Lake stevens North mankato
Housing Index 115.0 70.2
Median Home Price $594,000 $262,500
Average Rent (2 BR Apartment) $2300 $1200
Average Rent (2 BR House) $2400 $1548

Housing Comparison: Lake stevens vs North mankato

  • In Lake stevens, the median home price is higher at $594,000, while in North mankato it is $262,500.
  • Renting a two-bedroom apartment costs more in Lake stevens at $2,300 than in North mankato at $1,200.

Utilities

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

Metric Lake stevens North mankato
Electricity Price $12.34 $16.38
Natural Gas Price $18.14 $14.87
Other Utilities $250 $250

Utilities Comparison: Lake stevens vs North mankato

  • North mankato has higher electricity costs at $16.38 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 $14.87 in North mankato.
  • Utility expenses are equal in both Lake stevens and North mankato averaging $250.