Cost of Living: Lexington, TN vs Elko new market, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Elko new market |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $198,000 | $338,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Lexington vs Elko new market
- The median home price in Elko new market is higher at $338,000, compared to $198,000 in Lexington.
- The rent for a two-bedroom apartment is equal in both Lexington and Elko new market at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lexington | Elko new market |
|---|---|---|
| Electricity Price | $12.57 | $16.38 |
| Natural Gas Price | $12.35 | $14.87 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Lexington vs Elko new market
- Elko new market has higher electricity costs at $16.38 per kWh, versus $12.57 in Lexington.
- Elko new market experiences higher natural gas costs at $14.87 per unit, with costs at $12.35 in Lexington.
- Utility expenses are equal in both Lexington and Elko new market averaging $0.0.