Cost of Living: Bowie, TX vs Lakewood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bowie | Lakewood |
|---|---|---|
| Housing Index | 90.2 | 120.0 |
| Median Home Price | $198,000 | $423,000 |
| Average Rent (2 BR Apartment) | $1400 | $2200 |
| Average Rent (2 BR House) | $1456 | $2160 |
Housing Comparison: Bowie vs Lakewood
- The median home price in Lakewood is higher at $423,000, compared to $198,000 in Bowie.
- In Lakewood, the rental for a two-bedroom apartment stands at $2,200, while it is $1,400 in Bowie.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bowie | Lakewood |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $14.01 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Bowie vs Lakewood
- Lakewood has higher electricity costs at $19.88 per kWh, versus $14.47 in Bowie.
- Natural gas is more expensive in Bowie at $26.29 per unit, while it is cheaper at $14.01 in Lakewood.
- Lakewood has higher utility expenses, averaging $250, while Bowie averages $220.