Cost of Living: Mendenhall, MS vs Lake park, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mendenhall | Lake park |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $190,000 | $158,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $832 | $Data is updating |
Housing Comparison: Mendenhall vs Lake park
- In Mendenhall, the median home price is higher at $190,000, while in Lake park it is $158,000.
- The rent for a two-bedroom apartment is equal in both Mendenhall and Lake park at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mendenhall | Lake park |
|---|---|---|
| Electricity Price | $13.42 | $14.82 |
| Natural Gas Price | $22.19 | $15.61 |
| Other Utilities | $210 | $Data is updating |
Utilities Comparison: Mendenhall vs Lake park
- Lake park has higher electricity costs at $14.82 per kWh, versus $13.42 in Mendenhall.
- Natural gas is more expensive in Mendenhall at $22.19 per unit, while it is cheaper at $15.61 in Lake park.
- Utility expenses are equal in both Mendenhall and Lake park averaging $210.