Cost of Living: Springhill, LA vs Lynnwood, WA

Housing

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

Metric Springhill Lynnwood
Housing Index 90.0 120.5
Median Home Price $188,000 $693,000
Average Rent (2 BR Apartment) $1200 $2300
Average Rent (2 BR House) $1280 $2400

Housing Comparison: Springhill vs Lynnwood

  • The median home price in Lynnwood is higher at $693,000, compared to $188,000 in Springhill.
  • In Lynnwood, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 in Springhill.

Utilities

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

Metric Springhill Lynnwood
Electricity Price $11.42 $12.34
Natural Gas Price $19.48 $18.14
Other Utilities $250 $250

Utilities Comparison: Springhill vs Lynnwood

  • Lynnwood has higher electricity costs at $12.34 per kWh, versus $11.42 in Springhill.
  • Natural gas is more expensive in Springhill at $19.48 per unit, while it is cheaper at $18.14 in Lynnwood.
  • Utility expenses are equal in both Springhill and Lynnwood averaging $250.