Cost of Living: Lakeville, MN vs Dardanelle, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakeville | Dardanelle |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $380,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1800 | $800 |
| Average Rent (2 BR House) | $1920 | $912.8 |
Housing Comparison: Lakeville vs Dardanelle
- In Lakeville, the median home price is higher at $380,000, while in Dardanelle it is $155,000.
- In Dardanelle, the rental for a two-bedroom apartment stands at $800, while it is $1,800 in Lakeville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakeville | Dardanelle |
|---|---|---|
| Electricity Price | $16.38 | $12.36 |
| Natural Gas Price | $14.87 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Lakeville vs Dardanelle
- Electricity costs are higher in Lakeville at $16.38 per kWh, compared to $12.36 in Dardanelle.
- Dardanelle experiences higher natural gas costs at $17.08 per unit, with costs at $14.87 in Lakeville.
- Other utility costs are higher in Lakeville at an average of $250, compared to Dardanelle with $200.