Cost of Living: Mount juliet, TN vs Forest lake, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mount juliet | Forest lake |
|---|---|---|
| Housing Index | 95.0 | 115.0 |
| Median Home Price | $364,000 | $374,000 |
| Average Rent (2 BR Apartment) | $1600 | $1500 |
| Average Rent (2 BR House) | $1600 | $1600 |
Housing Comparison: Mount juliet vs Forest lake
- The median home price in Forest lake is higher at $374,000, compared to $364,000 in Mount juliet.
- Renting a two-bedroom apartment costs more in Mount juliet at $1,600 than in Forest lake at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mount juliet | Forest lake |
|---|---|---|
| Electricity Price | $12.57 | $16.38 |
| Natural Gas Price | $12.35 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Mount juliet vs Forest lake
- Forest lake has higher electricity costs at $16.38 per kWh, versus $12.57 in Mount juliet.
- Forest lake experiences higher natural gas costs at $14.87 per unit, with costs at $12.35 in Mount juliet.
- Utility expenses are equal in both Mount juliet and Forest lake averaging $250.