Cost of Living: Lakewood, NY vs Wickliffe, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Wickliffe |
|---|---|---|
| Housing Index | 115.0 | 90.1 |
| Median Home Price | $190,000 | $198,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1640 | $1280 |
Housing Comparison: Lakewood vs Wickliffe
- The median home price in Wickliffe is higher at $198,000, compared to $190,000 in Lakewood.
- Renting a two-bedroom apartment costs more in Lakewood at $1,600 than in Wickliffe 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 | Wickliffe |
|---|---|---|
| Electricity Price | $26.08 | $15.92 |
| Natural Gas Price | $18.13 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lakewood vs Wickliffe
- Electricity costs are higher in Lakewood at $26.08 per kWh, compared to $15.92 in Wickliffe.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lakewood and Wickliffe averaging $250.