Cost of Living: Pequot lakes, MN vs Cheshire, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pequot lakes | Cheshire |
|---|---|---|
| Housing Index | 90.0 | 115.0 |
| Median Home Price | $290,000 | $360,000 |
| Average Rent (2 BR Apartment) | $1160 | $1800 |
| Average Rent (2 BR House) | $1200 | $1840 |
Housing Comparison: Pequot lakes vs Cheshire
- The median home price in Cheshire is higher at $360,000, compared to $290,000 in Pequot lakes.
- In Cheshire, the rental for a two-bedroom apartment stands at $1,800, while it is $1,160 in Pequot lakes.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pequot lakes | Cheshire |
|---|---|---|
| Electricity Price | $16.38 | $26 |
| Natural Gas Price | $14.87 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Pequot lakes vs Cheshire
- Cheshire has higher electricity costs at $26 per kWh, versus $16.38 in Pequot lakes.
- Natural gas price data is currently unavailable.
- Cheshire has higher utility expenses, averaging $250, while Pequot lakes averages $200.