Cost of Living: Lakewood, CO vs Friona, TX

Housing

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

Metric Lakewood Friona
Housing Index 115.0 Data is updating
Median Home Price $568,000 $158,000
Average Rent (2 BR Apartment) $2100 $Data is updating
Average Rent (2 BR House) $2145 $Data is updating

Housing Comparison: Lakewood vs Friona

  • In Lakewood, the median home price is higher at $568,000, while in Friona it is $158,000.
  • The rent for a two-bedroom apartment is equal in both Lakewood and Friona at $2,100.

Utilities

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

Metric Lakewood Friona
Electricity Price $15.21 $14.47
Natural Gas Price $11.3 $26.29
Other Utilities $250 $Data is updating

Utilities Comparison: Lakewood vs Friona

  • Electricity costs are higher in Lakewood at $15.21 per kWh, compared to $14.47 in Friona.
  • Friona experiences higher natural gas costs at $26.29 per unit, with costs at $11.3 in Lakewood.
  • Utility expenses are equal in both Lakewood and Friona averaging $250.