Cost of Living: Junction, TX vs Lakewood, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Junction | Lakewood |
|---|---|---|
| Housing Index | 90.0 | 115.0 |
| Median Home Price | $210,000 | $190,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1100 | $1640 |
Housing Comparison: Junction vs Lakewood
- In Junction, the median home price is higher at $210,000, while in Lakewood it is $190,000.
- In Lakewood, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Junction.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Junction | Lakewood |
|---|---|---|
| Electricity Price | $14.47 | $26.08 |
| Natural Gas Price | $26.29 | $18.13 |
| Other Utilities | $180 | $250 |
Utilities Comparison: Junction vs Lakewood
- Lakewood has higher electricity costs at $26.08 per kWh, versus $14.47 in Junction.
- Natural gas is more expensive in Junction at $26.29 per unit, while it is cheaper at $18.13 in Lakewood.
- Lakewood has higher utility expenses, averaging $250, while Junction averages $180.