Cost of Living: Lakewood, CO vs Cambridge, OH
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Lakewood | Cambridge |
---|---|---|
Housing Index | 115.0 | 80.2 |
Median Home Price | $568,000 | $134,500 |
Average Rent (2 BR Apartment) | $2100 | $800 |
Average Rent (2 BR House) | $2145 | $816 |
Housing Comparison: Lakewood vs Cambridge
- In Lakewood, the median home price is higher at $568,000, while in Cambridge it is $134,500.
- In Cambridge, the rental for a two-bedroom apartment stands at $800, while it is $2,100 in Lakewood.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Lakewood | Cambridge |
---|---|---|
Electricity Price | $15.21 | $15.92 |
Natural Gas Price | $11.3 | $Data is updating |
Other Utilities | $250 | $200 |
Utilities Comparison: Lakewood vs Cambridge
- Cambridge has higher electricity costs at $15.92 per kWh, versus $15.21 in Lakewood.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Lakewood at an average of $250, compared to Cambridge with $200.