Cost of Living: Herald, CA vs Lakewood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Herald | Lakewood |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $550,000 | $423,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $2200 |
| Average Rent (2 BR House) | $Data is updating | $2160 |
Housing Comparison: Herald vs Lakewood
- In Herald, the median home price is higher at $550,000, while in Lakewood it is $423,000.
- The rent for a two-bedroom apartment is equal in both Herald 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 | Herald | Lakewood |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $14.01 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Herald vs Lakewood
- Electricity costs are higher in Herald at $32.99 per kWh, compared to $19.88 in Lakewood.
- Natural gas is more expensive in Herald at $16.99 per unit, while it is cheaper at $14.01 in Lakewood.
- Utility expenses are equal in both Herald and Lakewood averaging $0.0.