Cost of Living in Lakewood, PA
Housing
The housing market plays a significant role in determining the cost of living in Lakewood, PA.
- Housing Index: Data is updating
- Median Home Price is: $100,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Lakewood, PA? The current housing data reveals a unique picture: a housing index of 0.0 suggests a favorable market landscape. With a median home price of 100000, it's an affordable option, particularly when contrasted with many urban areas where prices continue to rise. However, both the average rent for a 2-bedroom apartment at 0.0 and house at 0.0 remain at zero, which prompts further investigation into rental opportunities. Potential buyers will find affordability appealing, but additional local amenities and job markets might influence the decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lakewood, PA.
- Electricity Price: $17.68 USD (median by state)
- Natural Gas Price: $17.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Lakewood, PA could entail higher utility costs. Electricity costs sit at $17.68, while natural gas is priced at $17.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Lakewood is a financially viable option for your relocation.