Cost of Living: Los banos, CA vs Lakeville, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Los banos | Lakeville |
|---|---|---|
| Housing Index | 105.0 | 125.0 |
| Median Home Price | $300,000 | $400,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1864 | $2240 |
Housing Comparison: Los banos vs Lakeville
- The median home price in Lakeville is higher at $400,000, compared to $300,000 in Los banos.
- In Lakeville, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Los banos.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Los banos | Lakeville |
|---|---|---|
| Electricity Price | $32.99 | $28.15 |
| Natural Gas Price | $16.99 | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Los banos vs Lakeville
- Electricity costs are higher in Los banos at $32.99 per kWh, compared to $28.15 in Lakeville.
- Lakeville experiences higher natural gas costs at $21.62 per unit, with costs at $16.99 in Los banos.
- Utility expenses are equal in both Los banos and Lakeville averaging $250.