Cost of Living: Spokane valley, WA vs Pequot lakes, MN

Housing

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

Metric Spokane valley Pequot lakes
Housing Index 90.0 90.0
Median Home Price $350,000 $290,000
Average Rent (2 BR Apartment) $1500 $1160
Average Rent (2 BR House) $1600 $1200

Housing Comparison: Spokane valley vs Pequot lakes

  • In Spokane valley, the median home price is higher at $350,000, while in Pequot lakes it is $290,000.
  • Renting a two-bedroom apartment costs more in Spokane valley at $1,500 than in Pequot lakes at $1,160.

Utilities

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

Metric Spokane valley Pequot lakes
Electricity Price $12.34 $16.38
Natural Gas Price $18.14 $14.87
Other Utilities $250 $200

Utilities Comparison: Spokane valley vs Pequot lakes

  • Pequot lakes has higher electricity costs at $16.38 per kWh, versus $12.34 in Spokane valley.
  • Natural gas is more expensive in Spokane valley at $18.14 per unit, while it is cheaper at $14.87 in Pequot lakes.
  • Other utility costs are higher in Spokane valley at an average of $250, compared to Pequot lakes with $200.