Cost of Living: Lake city, FL vs Erie, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake city | Erie |
|---|---|---|
| Housing Index | 85.0 | 100.9 |
| Median Home Price | $262,000 | $152,500 |
| Average Rent (2 BR Apartment) | $1251 | $1511 |
| Average Rent (2 BR House) | $1360 | $1642 |
Housing Comparison: Lake city vs Erie
- In Lake city, the median home price is higher at $262,000, while in Erie it is $152,500.
- In Erie, the rental for a two-bedroom apartment stands at $1,511, while it is $1,251 in Lake city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake city | Erie |
|---|---|---|
| Electricity Price | $13.89 | $17.68 |
| Natural Gas Price | $26.13 | $17.61 |
| Other Utilities | $200 | $241 |
Utilities Comparison: Lake city vs Erie
- Erie has higher electricity costs at $17.68 per kWh, versus $13.89 in Lake city.
- Natural gas is more expensive in Lake city at $26.13 per unit, while it is cheaper at $17.61 in Erie.
- Erie has higher utility expenses, averaging $241, while Lake city averages $200.