Cost of Living: Brainerd, MN vs Lakewood, WA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Brainerd Lakewood
Housing Index 85.0 115.0
Median Home Price $270,000 $495,000
Average Rent (2 BR Apartment) $1150 $1800
Average Rent (2 BR House) $1200 $1840

Housing Comparison: Brainerd vs Lakewood

  • The median home price in Lakewood is higher at $495,000, compared to $270,000 in Brainerd.
  • In Lakewood, the rental for a two-bedroom apartment stands at $1,800, while it is $1,150 in Brainerd.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Brainerd Lakewood
Electricity Price $16.38 $12.34
Natural Gas Price $14.87 $18.14
Other Utilities $200 $250

Utilities Comparison: Brainerd vs Lakewood

  • Electricity costs are higher in Brainerd at $16.38 per kWh, compared to $12.34 in Lakewood.
  • Lakewood experiences higher natural gas costs at $18.14 per unit, with costs at $14.87 in Brainerd.
  • Lakewood has higher utility expenses, averaging $250, while Brainerd averages $200.