Cost of Living: Lakewood, NJ vs Stuttgart, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Stuttgart |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $423,000 | $145,000 |
| Average Rent (2 BR Apartment) | $2200 | $1120 |
| Average Rent (2 BR House) | $2160 | $1160 |
Housing Comparison: Lakewood vs Stuttgart
- In Lakewood, the median home price is higher at $423,000, while in Stuttgart it is $145,000.
- Renting a two-bedroom apartment costs more in Lakewood at $2,200 than in Stuttgart at $1,120.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakewood | Stuttgart |
|---|---|---|
| Electricity Price | $19.88 | $12.36 |
| Natural Gas Price | $14.01 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Lakewood vs Stuttgart
- Electricity costs are higher in Lakewood at $19.88 per kWh, compared to $12.36 in Stuttgart.
- Stuttgart experiences higher natural gas costs at $17.08 per unit, with costs at $14.01 in Lakewood.
- Other utility costs are higher in Lakewood at an average of $250, compared to Stuttgart with $200.