Cost of Living: Lakeville, MA vs Arma, KS

Housing

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

Metric Lakeville Arma
Housing Index 125.0 Data is updating
Median Home Price $400,000 $75,000
Average Rent (2 BR Apartment) $2200 $Data is updating
Average Rent (2 BR House) $2240 $Data is updating

Housing Comparison: Lakeville vs Arma

  • In Lakeville, the median home price is higher at $400,000, while in Arma it is $75,000.
  • The rent for a two-bedroom apartment is equal in both Lakeville and Arma at $2,200.

Utilities

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

Metric Lakeville Arma
Electricity Price $28.15 $14.22
Natural Gas Price $21.62 $Data is updating
Other Utilities $250 $Data is updating

Utilities Comparison: Lakeville vs Arma

  • Electricity costs are higher in Lakeville at $28.15 per kWh, compared to $14.22 in Arma.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Lakeville and Arma averaging $250.