Cost of Living: Vero beach, FL vs Lake grove, NY

Housing

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

Metric Vero beach Lake grove
Housing Index 115.0 120.0
Median Home Price $280,000 $646,500
Average Rent (2 BR Apartment) $1800 $2400
Average Rent (2 BR House) $1840 $2320

Housing Comparison: Vero beach vs Lake grove

  • The median home price in Lake grove is higher at $646,500, compared to $280,000 in Vero beach.
  • In Lake grove, the rental for a two-bedroom apartment stands at $2,400, while it is $1,800 in Vero beach.

Utilities

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

Metric Vero beach Lake grove
Electricity Price $13.89 $26.08
Natural Gas Price $26.13 $18.13
Other Utilities $250 $250

Utilities Comparison: Vero beach vs Lake grove

  • Lake grove has higher electricity costs at $26.08 per kWh, versus $13.89 in Vero beach.
  • Natural gas is more expensive in Vero beach at $26.13 per unit, while it is cheaper at $18.13 in Lake grove.
  • Utility expenses are equal in both Vero beach and Lake grove averaging $250.