Cost of Living: Palmetto, FL vs Lake arthur, LA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palmetto | Lake arthur |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $285,000 | $163,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1825 | $Data is updating |
Housing Comparison: Palmetto vs Lake arthur
- In Palmetto, the median home price is higher at $285,000, while in Lake arthur it is $163,000.
- The rent for a two-bedroom apartment is equal in both Palmetto and Lake arthur at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palmetto | Lake arthur |
|---|---|---|
| Electricity Price | $13.89 | $11.42 |
| Natural Gas Price | $26.13 | $19.48 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Palmetto vs Lake arthur
- Electricity costs are higher in Palmetto at $13.89 per kWh, compared to $11.42 in Lake arthur.
- Natural gas is more expensive in Palmetto at $26.13 per unit, while it is cheaper at $19.48 in Lake arthur.
- Utility expenses are equal in both Palmetto and Lake arthur averaging $250.