Cost of Living: Worcester, MA vs Lake city, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Worcester | Lake city |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $350,000 | $262,000 |
| Average Rent (2 BR Apartment) | $2100 | $1200 |
| Average Rent (2 BR House) | $2144 | $1360 |
Housing Comparison: Worcester vs Lake city
- In Worcester, the median home price is higher at $350,000, while in Lake city it is $262,000.
- Renting a two-bedroom apartment costs more in Worcester at $2,100 than in Lake city at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Worcester | Lake city |
|---|---|---|
| Electricity Price | $28.15 | $13.89 |
| Natural Gas Price | $21.62 | $26.13 |
| Other Utilities | $280 | $200 |
Utilities Comparison: Worcester vs Lake city
- Electricity costs are higher in Worcester at $28.15 per kWh, compared to $13.89 in Lake city.
- Lake city experiences higher natural gas costs at $26.13 per unit, with costs at $21.62 in Worcester.
- Other utility costs are higher in Worcester at an average of $280, compared to Lake city with $200.