Cost of Living: Lakewood, CO vs Aurora, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Aurora |
|---|---|---|
| Housing Index | 115.0 | 95.0 |
| Median Home Price | $568,000 | $300,000 |
| Average Rent (2 BR Apartment) | $2100 | $1300 |
| Average Rent (2 BR House) | $2145 | $1360 |
Housing Comparison: Lakewood vs Aurora
- In Lakewood, the median home price is higher at $568,000, while in Aurora it is $300,000.
- Renting a two-bedroom apartment costs more in Lakewood at $2,100 than in Aurora at $1,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakewood | Aurora |
|---|---|---|
| Electricity Price | $15.21 | $16.15 |
| Natural Gas Price | $11.3 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lakewood vs Aurora
- Aurora has higher electricity costs at $16.15 per kWh, versus $15.21 in Lakewood.
- Aurora experiences higher natural gas costs at $16.59 per unit, with costs at $11.3 in Lakewood.
- Utility expenses are equal in both Lakewood and Aurora averaging $250.