Cost of Living: Lakewood, CO vs Joy, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Joy |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $568,000 | $89,600 |
| Average Rent (2 BR Apartment) | $2100 | $Data is updating |
| Average Rent (2 BR House) | $2145 | $Data is updating |
Housing Comparison: Lakewood vs Joy
- In Lakewood, the median home price is higher at $568,000, while in Joy it is $89,600.
- The rent for a two-bedroom apartment is equal in both Lakewood and Joy 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 | Joy |
|---|---|---|
| Electricity Price | $15.21 | $16.15 |
| Natural Gas Price | $11.3 | $16.59 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lakewood vs Joy
- Joy has higher electricity costs at $16.15 per kWh, versus $15.21 in Lakewood.
- Joy 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 Joy averaging $250.