Cost of Living: New bern, NC vs Lakeland, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New bern | Lakeland |
|---|---|---|
| Housing Index | 99.5 | 110.9 |
| Median Home Price | $271,000 | $289,000 |
| Average Rent (2 BR Apartment) | $1546 | $1400 |
| Average Rent (2 BR House) | $1680 | $1521 |
Housing Comparison: New bern vs Lakeland
- The median home price in Lakeland is higher at $289,000, compared to $271,000 in New bern.
- Renting a two-bedroom apartment costs more in New bern at $1,546 than in Lakeland at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New bern | Lakeland |
|---|---|---|
| Electricity Price | $13.72 | $13.89 |
| Natural Gas Price | $Data is updating | $26.13 |
| Other Utilities | $234 | $243 |
Utilities Comparison: New bern vs Lakeland
- Lakeland has higher electricity costs at $13.89 per kWh, versus $13.72 in New bern.
- Natural gas price data is currently unavailable.
- Lakeland has higher utility expenses, averaging $243, while New bern averages $234.