Cost of Living: Anchorage, AK vs Lawton, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anchorage | Lawton |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $395,000 | $184,000 |
| Average Rent (2 BR Apartment) | $1800 | $950 |
| Average Rent (2 BR House) | $1920 | $1000 |
Housing Comparison: Anchorage vs Lawton
- In Anchorage, the median home price is higher at $395,000, while in Lawton it is $184,000.
- In Lawton, the rental for a two-bedroom apartment stands at $950, while it is $1,800 in Anchorage.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Anchorage | Lawton |
|---|---|---|
| Electricity Price | $25.4 | $12.37 |
| Natural Gas Price | $12.01 | $20.27 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Anchorage vs Lawton
- Electricity costs are higher in Anchorage at $25.4 per kWh, compared to $12.37 in Lawton.
- Lawton experiences higher natural gas costs at $20.27 per unit, with costs at $12.01 in Anchorage.
- Other utility costs are higher in Anchorage at an average of $250, compared to Lawton with $200.