Cost of Living: Lakeville, MN vs River rouge, MI

Housing

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

Metric Lakeville River rouge
Housing Index 110.0 Data is updating
Median Home Price $380,000 $64,200
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1920 $Data is updating

Housing Comparison: Lakeville vs River rouge

  • In Lakeville, the median home price is higher at $380,000, while in River rouge it is $64,200.
  • The rent for a two-bedroom apartment is equal in both Lakeville and River rouge at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Lakeville River rouge
Electricity Price $16.38 $19.88
Natural Gas Price $14.87 $15.42
Other Utilities $250 $Data is updating

Utilities Comparison: Lakeville vs River rouge

  • River rouge has higher electricity costs at $19.88 per kWh, versus $16.38 in Lakeville.
  • River rouge experiences higher natural gas costs at $15.42 per unit, with costs at $14.87 in Lakeville.
  • Utility expenses are equal in both Lakeville and River rouge averaging $250.