Cost of Living: Provo, UT vs Lake ariel, PA

Housing

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

Metric Provo Lake ariel
Housing Index 110.5 90.0
Median Home Price $359,000 $310,000
Average Rent (2 BR Apartment) $1400 $1600
Average Rent (2 BR House) $1440 $1640

Housing Comparison: Provo vs Lake ariel

  • In Provo, the median home price is higher at $359,000, while in Lake ariel it is $310,000.
  • In Lake ariel, the rental for a two-bedroom apartment stands at $1,600, while it is $1,400 in Provo.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Provo Lake ariel
Electricity Price $11.5 $17.68
Natural Gas Price $14 $17.61
Other Utilities $200 $250

Utilities Comparison: Provo vs Lake ariel

  • Lake ariel has higher electricity costs at $17.68 per kWh, versus $11.5 in Provo.
  • Lake ariel experiences higher natural gas costs at $17.61 per unit, with costs at $14 in Provo.
  • Lake ariel has higher utility expenses, averaging $250, while Provo averages $200.