Cost of Living: Lakewood, NY vs Dixon, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Dixon |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $190,000 | $187,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1280 |
Housing Comparison: Lakewood vs Dixon
- In Lakewood, the median home price is higher at $190,000, while in Dixon it is $187,000.
- Renting a two-bedroom apartment costs more in Lakewood at $1,600 than in Dixon 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 | Dixon |
|---|---|---|
| Electricity Price | $26.08 | $16.15 |
| Natural Gas Price | $18.13 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lakewood vs Dixon
- Electricity costs are higher in Lakewood at $26.08 per kWh, compared to $16.15 in Dixon.
- Natural gas is more expensive in Lakewood at $18.13 per unit, while it is cheaper at $16.59 in Dixon.
- Utility expenses are equal in both Lakewood and Dixon averaging $250.