Cost of Living: Lakewood, NJ vs Middle point, OH

Housing

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

Metric Lakewood Middle point
Housing Index 120.0 Data is updating
Median Home Price $423,000 $155,000
Average Rent (2 BR Apartment) $2200 $Data is updating
Average Rent (2 BR House) $2160 $Data is updating

Housing Comparison: Lakewood vs Middle point

  • In Lakewood, the median home price is higher at $423,000, while in Middle point it is $155,000.
  • The rent for a two-bedroom apartment is equal in both Lakewood and Middle point at $2,200.

Utilities

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

Metric Lakewood Middle point
Electricity Price $19.88 $15.92
Natural Gas Price $14.01 $Data is updating
Other Utilities $250 $Data is updating

Utilities Comparison: Lakewood vs Middle point

  • Electricity costs are higher in Lakewood at $19.88 per kWh, compared to $15.92 in Middle point.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Lakewood and Middle point averaging $250.