Cost of Living: Menahga, MN vs Lexington, KY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Menahga | Lexington |
|---|---|---|
| Housing Index | 90.0 | 95.0 |
| Median Home Price | $197,500 | $275,000 |
| Average Rent (2 BR Apartment) | $1280 | $1350 |
| Average Rent (2 BR House) | $1350 | $1360 |
Housing Comparison: Menahga vs Lexington
- The median home price in Lexington is higher at $275,000, compared to $197,500 in Menahga.
- In Lexington, the rental for a two-bedroom apartment stands at $1,350, while it is $1,280 in Menahga.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Menahga | Lexington |
|---|---|---|
| Electricity Price | $16.38 | $12.87 |
| Natural Gas Price | $14.87 | $22.78 |
| Other Utilities | $200 | $230 |
Utilities Comparison: Menahga vs Lexington
- Electricity costs are higher in Menahga at $16.38 per kWh, compared to $12.87 in Lexington.
- Lexington experiences higher natural gas costs at $22.78 per unit, with costs at $14.87 in Menahga.
- Lexington has higher utility expenses, averaging $230, while Menahga averages $200.