Cost of Living: Mendenhall, MS vs Lakeland, FL

Housing

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

Metric Mendenhall Lakeland
Housing Index 86 110.9
Median Home Price $190,000 $289,000
Average Rent (2 BR Apartment) $1309 $1400
Average Rent (2 BR House) $1423 $1521

Housing Comparison: Mendenhall vs Lakeland

  • The median home price in Lakeland is higher at $289,000, compared to $190,000 in Mendenhall.
  • In Lakeland, the rental for a two-bedroom apartment stands at $1,400, while it is $1,309 in Mendenhall.

Utilities

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

Metric Mendenhall Lakeland
Electricity Price $13.42 $13.89
Natural Gas Price $22.19 $26.13
Other Utilities $207 $243

Utilities Comparison: Mendenhall vs Lakeland

  • Lakeland has higher electricity costs at $13.89 per kWh, versus $13.42 in Mendenhall.
  • Lakeland experiences higher natural gas costs at $26.13 per unit, with costs at $22.19 in Mendenhall.
  • Lakeland has higher utility expenses, averaging $243, while Mendenhall averages $207.