Cost of Living: Ute, IA vs Lakeville, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ute | Lakeville |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $206,000 | $380,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1920 |
Housing Comparison: Ute vs Lakeville
- The median home price in Lakeville is higher at $380,000, compared to $206,000 in Ute.
- The rent for a two-bedroom apartment is equal in both Ute and Lakeville at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ute | Lakeville |
|---|---|---|
| Electricity Price | $14.82 | $16.38 |
| Natural Gas Price | $15.61 | $14.87 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Ute vs Lakeville
- Lakeville has higher electricity costs at $16.38 per kWh, versus $14.82 in Ute.
- Natural gas is more expensive in Ute at $15.61 per unit, while it is cheaper at $14.87 in Lakeville.
- Utility expenses are equal in both Ute and Lakeville averaging $0.0.