Cost of Living: Portsmouth, NH vs Lakewood, WA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portsmouth | Lakewood |
|---|---|---|
| Housing Index | 120.8 | 115.0 |
| Median Home Price | $425,000 | $495,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2272 | $1840 |
Housing Comparison: Portsmouth vs Lakewood
- The median home price in Lakewood is higher at $495,000, compared to $425,000 in Portsmouth.
- Renting a two-bedroom apartment costs more in Portsmouth at $2,200 than in Lakewood at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portsmouth | Lakewood |
|---|---|---|
| Electricity Price | $22.44 | $12.34 |
| Natural Gas Price | $17.58 | $18.14 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Portsmouth vs Lakewood
- Electricity costs are higher in Portsmouth at $22.44 per kWh, compared to $12.34 in Lakewood.
- Lakewood experiences higher natural gas costs at $18.14 per unit, with costs at $17.58 in Portsmouth.
- Utility expenses are equal in both Portsmouth and Lakewood averaging $250.