Cost of Living: Lakewood, NY vs Sanford, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Sanford |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $190,000 | $252,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1280 |
Housing Comparison: Lakewood vs Sanford
- The median home price in Sanford is higher at $252,000, compared to $190,000 in Lakewood.
- Renting a two-bedroom apartment costs more in Lakewood at $1,600 than in Sanford 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 | Sanford |
|---|---|---|
| Electricity Price | $26.08 | $13.72 |
| Natural Gas Price | $18.13 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Lakewood vs Sanford
- Electricity costs are higher in Lakewood at $26.08 per kWh, compared to $13.72 in Sanford.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Lakewood at an average of $250, compared to Sanford with $200.