Cost of Living: Lakeville, MN vs Westfield, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakeville | Westfield |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $380,000 | $307,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1920 | $1830 |
Housing Comparison: Lakeville vs Westfield
- In Lakeville, the median home price is higher at $380,000, while in Westfield it is $307,000.
- The rent for a two-bedroom apartment is equal in both Lakeville and Westfield 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 | Westfield |
|---|---|---|
| Electricity Price | $16.38 | $28.15 |
| Natural Gas Price | $14.87 | $21.62 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Lakeville vs Westfield
- Westfield has higher electricity costs at $28.15 per kWh, versus $16.38 in Lakeville.
- Westfield experiences higher natural gas costs at $21.62 per unit, with costs at $14.87 in Lakeville.
- Westfield has higher utility expenses, averaging $280, while Lakeville averages $250.