Cost of Living: Lockwood, MO vs Montgomery, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lockwood | Montgomery |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $162,500 | $301,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1240 | $Data is updating |
Housing Comparison: Lockwood vs Montgomery
- The median home price in Montgomery is higher at $301,000, compared to $162,500 in Lockwood.
- The rent for a two-bedroom apartment is equal in both Lockwood and Montgomery 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 | Lockwood | Montgomery |
|---|---|---|
| Electricity Price | $14.64 | $16.38 |
| Natural Gas Price | $23.25 | $14.87 |
| Other Utilities | $150 | $Data is updating |
Utilities Comparison: Lockwood vs Montgomery
- Montgomery has higher electricity costs at $16.38 per kWh, versus $14.64 in Lockwood.
- Natural gas is more expensive in Lockwood at $23.25 per unit, while it is cheaper at $14.87 in Montgomery.
- Utility expenses are equal in both Lockwood and Montgomery averaging $150.