Cost of Living: Beckley, WV vs Lakewood, WA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Beckley | Lakewood |
|---|---|---|
| Housing Index | 75.0 | 115.0 |
| Median Home Price | $155,000 | $495,000 |
| Average Rent (2 BR Apartment) | $800 | $1800 |
| Average Rent (2 BR House) | $800 | $1840 |
Housing Comparison: Beckley vs Lakewood
- The median home price in Lakewood is higher at $495,000, compared to $155,000 in Beckley.
- Renting a two-bedroom apartment costs more in Beckley at $800 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 | Beckley | Lakewood |
|---|---|---|
| Electricity Price | $15.48 | $12.34 |
| Natural Gas Price | $23.05 | $18.14 |
| Other Utilities | $180 | $250 |
Utilities Comparison: Beckley vs Lakewood
- Electricity costs are higher in Beckley at $15.48 per kWh, compared to $12.34 in Lakewood.
- Natural gas is more expensive in Beckley at $23.05 per unit, while it is cheaper at $18.14 in Lakewood.
- Lakewood has higher utility expenses, averaging $250, while Beckley averages $180.