Cost of Living: Lakeville, MA vs Cresco, PA

Housing

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

Metric Lakeville Cresco
Housing Index 125.0 110.0
Median Home Price $400,000 $255,000
Average Rent (2 BR Apartment) $2200 $1600
Average Rent (2 BR House) $2240 $1640

Housing Comparison: Lakeville vs Cresco

  • In Lakeville, the median home price is higher at $400,000, while in Cresco it is $255,000.
  • Renting a two-bedroom apartment costs more in Lakeville at $2,200 than in Cresco at $1,600.

Utilities

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

Metric Lakeville Cresco
Electricity Price $28.15 $17.68
Natural Gas Price $21.62 $17.61
Other Utilities $250 $250

Utilities Comparison: Lakeville vs Cresco

  • Electricity costs are higher in Lakeville at $28.15 per kWh, compared to $17.68 in Cresco.
  • Natural gas is more expensive in Lakeville at $21.62 per unit, while it is cheaper at $17.61 in Cresco.
  • Utility expenses are equal in both Lakeville and Cresco averaging $250.