Cost of Living: Lakewood, CO vs Hallock, MN

Housing

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

Metric Lakewood Hallock
Housing Index 115.0 Data is updating
Median Home Price $568,000 $196,000
Average Rent (2 BR Apartment) $2100 $Data is updating
Average Rent (2 BR House) $2145 $Data is updating

Housing Comparison: Lakewood vs Hallock

  • In Lakewood, the median home price is higher at $568,000, while in Hallock it is $196,000.
  • The rent for a two-bedroom apartment is equal in both Lakewood and Hallock at $2,100.

Utilities

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

Metric Lakewood Hallock
Electricity Price $15.21 $16.38
Natural Gas Price $11.3 $14.87
Other Utilities $250 $Data is updating

Utilities Comparison: Lakewood vs Hallock

  • Hallock has higher electricity costs at $16.38 per kWh, versus $15.21 in Lakewood.
  • Hallock experiences higher natural gas costs at $14.87 per unit, with costs at $11.3 in Lakewood.
  • Utility expenses are equal in both Lakewood and Hallock averaging $250.