Cost of Living: Huntsville, AR vs Lakewood, CO

Housing

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

Metric Huntsville Lakewood
Housing Index 90.0 115.0
Median Home Price $180,000 $568,000
Average Rent (2 BR Apartment) $1120 $2100
Average Rent (2 BR House) $1190 $2145

Housing Comparison: Huntsville vs Lakewood

  • The median home price in Lakewood is higher at $568,000, compared to $180,000 in Huntsville.
  • In Lakewood, the rental for a two-bedroom apartment stands at $2,100, while it is $1,120 in Huntsville.

Utilities

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

Metric Huntsville Lakewood
Electricity Price $12.36 $15.21
Natural Gas Price $17.08 $11.3
Other Utilities $210 $250

Utilities Comparison: Huntsville vs Lakewood

  • Lakewood has higher electricity costs at $15.21 per kWh, versus $12.36 in Huntsville.
  • Natural gas is more expensive in Huntsville at $17.08 per unit, while it is cheaper at $11.3 in Lakewood.
  • Lakewood has higher utility expenses, averaging $250, while Huntsville averages $210.