Cost of Living: Water valley, MS vs Lake park, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Water valley | Lake park |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $124,000 | $135,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $850 | $Data is updating |
Housing Comparison: Water valley vs Lake park
- The median home price in Lake park is higher at $135,000, compared to $124,000 in Water valley.
- The rent for a two-bedroom apartment is equal in both Water valley and Lake park at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Water valley | Lake park |
|---|---|---|
| Electricity Price | $13.42 | $15.53 |
| Natural Gas Price | $22.19 | $27.53 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Water valley vs Lake park
- Lake park has higher electricity costs at $15.53 per kWh, versus $13.42 in Water valley.
- Lake park experiences higher natural gas costs at $27.53 per unit, with costs at $22.19 in Water valley.
- Utility expenses are equal in both Water valley and Lake park averaging $200.