Cost of Living: Pequot lakes, MN vs Nevada, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pequot lakes | Nevada |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $290,000 | $160,000 |
| Average Rent (2 BR Apartment) | $1160 | $800 |
| Average Rent (2 BR House) | $1200 | $850 |
Housing Comparison: Pequot lakes vs Nevada
- In Pequot lakes, the median home price is higher at $290,000, while in Nevada it is $160,000.
- In Nevada, the rental for a two-bedroom apartment stands at $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 | Nevada |
|---|---|---|
| Electricity Price | $16.38 | $14.64 |
| Natural Gas Price | $14.87 | $23.25 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Pequot lakes vs Nevada
- Electricity costs are higher in Pequot lakes at $16.38 per kWh, compared to $14.64 in Nevada.
- Nevada experiences higher natural gas costs at $23.25 per unit, with costs at $14.87 in Pequot lakes.
- Utility expenses are equal in both Pequot lakes and Nevada averaging $200.