Cost of Living: Lakeville, MN vs Rogers, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakeville | Rogers |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $380,000 | $276,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1920 | $1360 |
Housing Comparison: Lakeville vs Rogers
- In Lakeville, the median home price is higher at $380,000, while in Rogers it is $276,000.
- Renting a two-bedroom apartment costs more in Lakeville at $1,800 than in Rogers 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 | Rogers |
|---|---|---|
| Electricity Price | $16.38 | $12.36 |
| Natural Gas Price | $14.87 | $17.08 |
| Other Utilities | $250 | $240 |
Utilities Comparison: Lakeville vs Rogers
- Electricity costs are higher in Lakeville at $16.38 per kWh, compared to $12.36 in Rogers.
- Rogers 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 Rogers with $240.