Cost of Living: Southlake, TX vs Northfield, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southlake | Northfield |
|---|---|---|
| Housing Index | 145.0 | 90.0 |
| Median Home Price | $668,000 | $350,000 |
| Average Rent (2 BR Apartment) | $2800 | $1400 |
| Average Rent (2 BR House) | $2856 | $1365.6 |
Housing Comparison: Southlake vs Northfield
- In Southlake, the median home price is higher at $668,000, while in Northfield it is $350,000.
- Renting a two-bedroom apartment costs more in Southlake at $2,800 than in Northfield at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Southlake | Northfield |
|---|---|---|
| Electricity Price | $14.47 | $16.38 |
| Natural Gas Price | $26.29 | $14.87 |
| Other Utilities | $250 | $240 |
Utilities Comparison: Southlake vs Northfield
- Northfield has higher electricity costs at $16.38 per kWh, versus $14.47 in Southlake.
- Natural gas is more expensive in Southlake at $26.29 per unit, while it is cheaper at $14.87 in Northfield.
- Other utility costs are higher in Southlake at an average of $250, compared to Northfield with $240.