Cost of Living: Fresno, CA vs Lakewood, WA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fresno | Lakewood |
|---|---|---|
| Housing Index | 120.5 | 115.0 |
| Median Home Price | $355,000 | $495,000 |
| Average Rent (2 BR Apartment) | $1800 | $1800 |
| Average Rent (2 BR House) | $1850 | $1840 |
Housing Comparison: Fresno vs Lakewood
- The median home price in Lakewood is higher at $495,000, compared to $355,000 in Fresno.
- The rent for a two-bedroom apartment is equal in both Fresno and 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 | Fresno | Lakewood |
|---|---|---|
| Electricity Price | $32.99 | $12.34 |
| Natural Gas Price | $16.99 | $18.14 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Fresno vs Lakewood
- Electricity costs are higher in Fresno at $32.99 per kWh, compared to $12.34 in Lakewood.
- Lakewood experiences higher natural gas costs at $18.14 per unit, with costs at $16.99 in Fresno.
- Utility expenses are equal in both Fresno and Lakewood averaging $250.