Cost of Living: Carthage, MS vs Lakewood, NJ

Housing

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

Metric Carthage Lakewood
Housing Index Data is updating 120.0
Median Home Price $150,000 $423,000
Average Rent (2 BR Apartment) $Data is updating $2200
Average Rent (2 BR House) $Data is updating $2160

Housing Comparison: Carthage vs Lakewood

  • The median home price in Lakewood is higher at $423,000, compared to $150,000 in Carthage.
  • The rent for a two-bedroom apartment is equal in both Carthage and Lakewood at $0.0.

Utilities

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

Metric Carthage Lakewood
Electricity Price $13.42 $19.88
Natural Gas Price $22.19 $14.01
Other Utilities $Data is updating $250

Utilities Comparison: Carthage vs Lakewood

  • Lakewood has higher electricity costs at $19.88 per kWh, versus $13.42 in Carthage.
  • Natural gas is more expensive in Carthage at $22.19 per unit, while it is cheaper at $14.01 in Lakewood.
  • Utility expenses are equal in both Carthage and Lakewood averaging $0.0.