Cost of Living: Hartselle, AL vs Lakewood, NJ

Housing

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

Metric Hartselle Lakewood
Housing Index 85.0 120.0
Median Home Price $217,000 $423,000
Average Rent (2 BR Apartment) $1000 $2200
Average Rent (2 BR House) $960 $2160

Housing Comparison: Hartselle vs Lakewood

  • The median home price in Lakewood is higher at $423,000, compared to $217,000 in Hartselle.
  • In Lakewood, the rental for a two-bedroom apartment stands at $2,200, while it is $1,000 in Hartselle.

Utilities

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

Metric Hartselle Lakewood
Electricity Price $15.03 $19.88
Natural Gas Price $21.76 $14.01
Other Utilities $200 $250

Utilities Comparison: Hartselle vs Lakewood

  • Lakewood has higher electricity costs at $19.88 per kWh, versus $15.03 in Hartselle.
  • Natural gas is more expensive in Hartselle at $21.76 per unit, while it is cheaper at $14.01 in Lakewood.
  • Lakewood has higher utility expenses, averaging $250, while Hartselle averages $200.