Cost of Living: Plymouth, IN vs Lakeville, MN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Plymouth Lakeville
Housing Index 85.0 110.0
Median Home Price $166,000 $380,000
Average Rent (2 BR Apartment) $950 $1800
Average Rent (2 BR House) $1000 $1920

Housing Comparison: Plymouth vs Lakeville

  • The median home price in Lakeville is higher at $380,000, compared to $166,000 in Plymouth.
  • Renting a two-bedroom apartment costs more in Plymouth at $950 than in Lakeville 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 Plymouth Lakeville
Electricity Price $14.89 $16.38
Natural Gas Price $Data is updating $14.87
Other Utilities $200 $250

Utilities Comparison: Plymouth vs Lakeville

  • Lakeville has higher electricity costs at $16.38 per kWh, versus $14.89 in Plymouth.
  • Natural gas price data is currently unavailable.
  • Lakeville has higher utility expenses, averaging $250, while Plymouth averages $200.