Cost of Living: Lakeville, MA vs Bentonville, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakeville | Bentonville |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $400,000 | $282,000 |
| Average Rent (2 BR Apartment) | $2200 | $1300 |
| Average Rent (2 BR House) | $2240 | $1365.6 |
Housing Comparison: Lakeville vs Bentonville
- In Lakeville, the median home price is higher at $400,000, while in Bentonville it is $282,000.
- Renting a two-bedroom apartment costs more in Lakeville at $2,200 than in Bentonville at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakeville | Bentonville |
|---|---|---|
| Electricity Price | $28.15 | $12.36 |
| Natural Gas Price | $21.62 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Lakeville vs Bentonville
- Electricity costs are higher in Lakeville at $28.15 per kWh, compared to $12.36 in Bentonville.
- Natural gas is more expensive in Lakeville at $21.62 per unit, while it is cheaper at $17.08 in Bentonville.
- Other utility costs are higher in Lakeville at an average of $250, compared to Bentonville with $200.