Cost of Living: Lakewood, NY vs Claremont, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Claremont |
|---|---|---|
| Housing Index | 115.0 | 140.0 |
| Median Home Price | $190,000 | $670,000 |
| Average Rent (2 BR Apartment) | $1600 | $2900 |
| Average Rent (2 BR House) | $1640 | $2960 |
Housing Comparison: Lakewood vs Claremont
- The median home price in Claremont is higher at $670,000, compared to $190,000 in Lakewood.
- In Claremont, the rental for a two-bedroom apartment stands at $2,900, while it is $1,600 in Lakewood.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakewood | Claremont |
|---|---|---|
| Electricity Price | $26.08 | $32.99 |
| Natural Gas Price | $18.13 | $16.99 |
| Other Utilities | $250 | $240 |
Utilities Comparison: Lakewood vs Claremont
- Claremont has higher electricity costs at $32.99 per kWh, versus $26.08 in Lakewood.
- Natural gas is more expensive in Lakewood at $18.13 per unit, while it is cheaper at $16.99 in Claremont.
- Other utility costs are higher in Lakewood at an average of $250, compared to Claremont with $240.