Cost of Living: Lakeville, MN vs Mcdonough, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakeville | Mcdonough |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $380,000 | $278,000 |
| Average Rent (2 BR Apartment) | $1800 | $1450 |
| Average Rent (2 BR House) | $1920 | $1485 |
Housing Comparison: Lakeville vs Mcdonough
- In Lakeville, the median home price is higher at $380,000, while in Mcdonough it is $278,000.
- Renting a two-bedroom apartment costs more in Lakeville at $1,800 than in Mcdonough at $1,450.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakeville | Mcdonough |
|---|---|---|
| Electricity Price | $16.38 | $15.53 |
| Natural Gas Price | $14.87 | $27.53 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lakeville vs Mcdonough
- Electricity costs are higher in Lakeville at $16.38 per kWh, compared to $15.53 in Mcdonough.
- Mcdonough experiences higher natural gas costs at $27.53 per unit, with costs at $14.87 in Lakeville.
- Utility expenses are equal in both Lakeville and Mcdonough averaging $250.