Cost of Living: Lakewood, NJ vs Pesotum, IL
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Lakewood | Pesotum |
---|---|---|
Housing Index | 120.0 | Data is updating |
Median Home Price | $423,000 | $211,000 |
Average Rent (2 BR Apartment) | $2200 | $Data is updating |
Average Rent (2 BR House) | $2160 | $Data is updating |
Housing Comparison: Lakewood vs Pesotum
- In Lakewood, the median home price is higher at $423,000, while in Pesotum it is $211,000.
- The rent for a two-bedroom apartment is equal in both Lakewood and Pesotum 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 | Pesotum |
---|---|---|
Electricity Price | $19.88 | $16.15 |
Natural Gas Price | $14.01 | $16.59 |
Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lakewood vs Pesotum
- Electricity costs are higher in Lakewood at $19.88 per kWh, compared to $16.15 in Pesotum.
- Pesotum experiences higher natural gas costs at $16.59 per unit, with costs at $14.01 in Lakewood.
- Utility expenses are equal in both Lakewood and Pesotum averaging $250.