Cost of Living: Lakewood, NJ vs Baldwin, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Baldwin |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $423,000 | $178,000 |
| Average Rent (2 BR Apartment) | $2200 | $1400 |
| Average Rent (2 BR House) | $2160 | $1440 |
Housing Comparison: Lakewood vs Baldwin
- In Lakewood, the median home price is higher at $423,000, while in Baldwin it is $178,000.
- Renting a two-bedroom apartment costs more in Lakewood at $2,200 than in Baldwin at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakewood | Baldwin |
|---|---|---|
| Electricity Price | $19.88 | $15.53 |
| Natural Gas Price | $14.01 | $27.53 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Lakewood vs Baldwin
- Electricity costs are higher in Lakewood at $19.88 per kWh, compared to $15.53 in Baldwin.
- Baldwin experiences higher natural gas costs at $27.53 per unit, with costs at $14.01 in Lakewood.
- Other utility costs are higher in Lakewood at an average of $250, compared to Baldwin with $200.