Cost of Living: Lakewood, NY vs Cleveland, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Cleveland |
|---|---|---|
| Housing Index | 115.0 | 70.0 |
| Median Home Price | $190,000 | $175,000 |
| Average Rent (2 BR Apartment) | $1600 | $800 |
| Average Rent (2 BR House) | $1640 | $840 |
Housing Comparison: Lakewood vs Cleveland
- In Lakewood, the median home price is higher at $190,000, while in Cleveland it is $175,000.
- In Cleveland, the rental for a two-bedroom apartment stands at $800, 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 | Cleveland |
|---|---|---|
| Electricity Price | $26.08 | $13.42 |
| Natural Gas Price | $18.13 | $22.19 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Lakewood vs Cleveland
- Electricity costs are higher in Lakewood at $26.08 per kWh, compared to $13.42 in Cleveland.
- Cleveland experiences higher natural gas costs at $22.19 per unit, with costs at $18.13 in Lakewood.
- Other utility costs are higher in Lakewood at an average of $250, compared to Cleveland with $200.