Cost of Living: Mcdonough, GA vs Forest lake, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mcdonough | Forest lake |
|---|---|---|
| Housing Index | 110.0 | 115.0 |
| Median Home Price | $278,000 | $374,000 |
| Average Rent (2 BR Apartment) | $1450 | $1500 |
| Average Rent (2 BR House) | $1485 | $1600 |
Housing Comparison: Mcdonough vs Forest lake
- The median home price in Forest lake is higher at $374,000, compared to $278,000 in Mcdonough.
- In Forest lake, the rental for a two-bedroom apartment stands at $1,500, while it is $1,450 in Mcdonough.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mcdonough | Forest lake |
|---|---|---|
| Electricity Price | $15.53 | $16.38 |
| Natural Gas Price | $27.53 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Mcdonough vs Forest lake
- Forest lake has higher electricity costs at $16.38 per kWh, versus $15.53 in Mcdonough.
- Natural gas is more expensive in Mcdonough at $27.53 per unit, while it is cheaper at $14.87 in Forest lake.
- Utility expenses are equal in both Mcdonough and Forest lake averaging $250.