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.