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.