Cost of Living: Lakeville, MA vs Sparks, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakeville | Sparks |
|---|---|---|
| Housing Index | 125.0 | 105.0 |
| Median Home Price | $400,000 | $475,000 |
| Average Rent (2 BR Apartment) | $2200 | $1600 |
| Average Rent (2 BR House) | $2240 | $1628 |
Housing Comparison: Lakeville vs Sparks
- The median home price in Sparks is higher at $475,000, compared to $400,000 in Lakeville.
- Renting a two-bedroom apartment costs more in Lakeville at $2,200 than in Sparks 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 | Sparks |
|---|---|---|
| Electricity Price | $28.15 | $15.5 |
| Natural Gas Price | $21.62 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lakeville vs Sparks
- Electricity costs are higher in Lakeville at $28.15 per kWh, compared to $15.5 in Sparks.
- Natural gas is more expensive in Lakeville at $21.62 per unit, while it is cheaper at $20.66 in Sparks.
- Utility expenses are equal in both Lakeville and Sparks averaging $250.