Cost of Living: Falfurrias, TX vs Lakewood, NY

Housing

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

Metric Falfurrias Lakewood
Housing Index 90.0 115.0
Median Home Price $137,000 $190,000
Average Rent (2 BR Apartment) $1200 $1600
Average Rent (2 BR House) $1280 $1640

Housing Comparison: Falfurrias vs Lakewood

  • The median home price in Lakewood is higher at $190,000, compared to $137,000 in Falfurrias.
  • In Lakewood, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Falfurrias.

Utilities

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

Metric Falfurrias Lakewood
Electricity Price $14.47 $26.08
Natural Gas Price $26.29 $18.13
Other Utilities $200 $250

Utilities Comparison: Falfurrias vs Lakewood

  • Lakewood has higher electricity costs at $26.08 per kWh, versus $14.47 in Falfurrias.
  • Natural gas is more expensive in Falfurrias at $26.29 per unit, while it is cheaper at $18.13 in Lakewood.
  • Lakewood has higher utility expenses, averaging $250, while Falfurrias averages $200.