Cost of Living: Philadelphia, PA vs Lake grove, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Philadelphia | Lake grove |
|---|---|---|
| Housing Index | 120.0 | 120.0 |
| Median Home Price | $285,000 | $646,500 |
| Average Rent (2 BR Apartment) | $2100 | $2400 |
| Average Rent (2 BR House) | $2150 | $2320 |
Housing Comparison: Philadelphia vs Lake grove
- The median home price in Lake grove is higher at $646,500, compared to $285,000 in Philadelphia.
- In Lake grove, the rental for a two-bedroom apartment stands at $2,400, while it is $2,100 in Philadelphia.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Philadelphia | Lake grove |
|---|---|---|
| Electricity Price | $17.68 | $26.08 |
| Natural Gas Price | $17.61 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Philadelphia vs Lake grove
- Lake grove has higher electricity costs at $26.08 per kWh, versus $17.68 in Philadelphia.
- Lake grove experiences higher natural gas costs at $18.13 per unit, with costs at $17.61 in Philadelphia.
- Utility expenses are equal in both Philadelphia and Lake grove averaging $250.