Cost of Living: Lakeville, MA vs Commerce, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakeville | Commerce |
|---|---|---|
| Housing Index | 125.0 | 90.0 |
| Median Home Price | $400,000 | $200,000 |
| Average Rent (2 BR Apartment) | $2200 | $1280 |
| Average Rent (2 BR House) | $2240 | $2045 |
Housing Comparison: Lakeville vs Commerce
- In Lakeville, the median home price is higher at $400,000, while in Commerce it is $200,000.
- Renting a two-bedroom apartment costs more in Lakeville at $2,200 than in Commerce at $1,280.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakeville | Commerce |
|---|---|---|
| Electricity Price | $28.15 | $14.47 |
| Natural Gas Price | $21.62 | $26.29 |
| Other Utilities | $250 | $210 |
Utilities Comparison: Lakeville vs Commerce
- Electricity costs are higher in Lakeville at $28.15 per kWh, compared to $14.47 in Commerce.
- Commerce experiences higher natural gas costs at $26.29 per unit, with costs at $21.62 in Lakeville.
- Other utility costs are higher in Lakeville at an average of $250, compared to Commerce with $210.