Cost of Living: Lakeville, MA vs Fort morgan, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakeville | Fort morgan |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $400,000 | $308,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1240 |
Housing Comparison: Lakeville vs Fort morgan
- In Lakeville, the median home price is higher at $400,000, while in Fort morgan it is $308,000.
- Renting a two-bedroom apartment costs more in Lakeville at $2,200 than in Fort morgan at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakeville | Fort morgan |
|---|---|---|
| Electricity Price | $28.15 | $15.21 |
| Natural Gas Price | $21.62 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lakeville vs Fort morgan
- Electricity costs are higher in Lakeville at $28.15 per kWh, compared to $15.21 in Fort morgan.
- Natural gas is more expensive in Lakeville at $21.62 per unit, while it is cheaper at $11.3 in Fort morgan.
- Utility expenses are equal in both Lakeville and Fort morgan averaging $250.