Cost of Living: Lakewood, NY vs Caldwell, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Caldwell |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $190,000 | $238,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1300 |
Housing Comparison: Lakewood vs Caldwell
- The median home price in Caldwell is higher at $238,000, compared to $190,000 in Lakewood.
- Renting a two-bedroom apartment costs more in Lakewood at $1,600 than in Caldwell at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakewood | Caldwell |
|---|---|---|
| Electricity Price | $26.08 | $14.47 |
| Natural Gas Price | $18.13 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lakewood vs Caldwell
- Electricity costs are higher in Lakewood at $26.08 per kWh, compared to $14.47 in Caldwell.
- Caldwell experiences higher natural gas costs at $26.29 per unit, with costs at $18.13 in Lakewood.
- Utility expenses are equal in both Lakewood and Caldwell averaging $250.