Cost of Living: Lakeville, MN vs Blounts creek, NC

Housing

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

Metric Lakeville Blounts creek
Housing Index 110.0 90.0
Median Home Price $380,000 $250,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1920 $1280

Housing Comparison: Lakeville vs Blounts creek

  • In Lakeville, the median home price is higher at $380,000, while in Blounts creek it is $250,000.
  • Renting a two-bedroom apartment costs more in Lakeville at $1,800 than in Blounts creek 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 Blounts creek
Electricity Price $16.38 $13.72
Natural Gas Price $14.87 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Lakeville vs Blounts creek

  • Electricity costs are higher in Lakeville at $16.38 per kWh, compared to $13.72 in Blounts creek.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Lakeville and Blounts creek averaging $250.