Cost of Living: Salt lake city, UT vs Lake city, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Salt lake city | Lake city |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $469,000 | $262,000 |
| Average Rent (2 BR Apartment) | $1750 | $1200 |
| Average Rent (2 BR House) | $1950 | $1360 |
Housing Comparison: Salt lake city vs Lake city
- In Salt lake city, the median home price is higher at $469,000, while in Lake city it is $262,000.
- Renting a two-bedroom apartment costs more in Salt lake city at $1,750 than in Lake city at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Salt lake city | Lake city |
|---|---|---|
| Electricity Price | $11.5 | $13.89 |
| Natural Gas Price | $14 | $26.13 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Salt lake city vs Lake city
- Lake city has higher electricity costs at $13.89 per kWh, versus $11.5 in Salt lake city.
- Lake city experiences higher natural gas costs at $26.13 per unit, with costs at $14 in Salt lake city.
- Other utility costs are higher in Salt lake city at an average of $250, compared to Lake city with $200.