Cost of Living: Asheville, NC vs Lakewood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Asheville | Lakewood |
|---|---|---|
| Housing Index | 120.5 | 120.0 |
| Median Home Price | $432,000 | $423,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1840 | $2160 |
Housing Comparison: Asheville vs Lakewood
- In Asheville, the median home price is higher at $432,000, while in Lakewood it is $423,000.
- In Lakewood, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Asheville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Asheville | Lakewood |
|---|---|---|
| Electricity Price | $13.72 | $19.88 |
| Natural Gas Price | $Data is updating | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Asheville vs Lakewood
- Lakewood has higher electricity costs at $19.88 per kWh, versus $13.72 in Asheville.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Asheville and Lakewood averaging $250.