Cost of Living: Lexington, KY vs Lakewood, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Lakewood |
|---|---|---|
| Housing Index | 95.0 | 115.0 |
| Median Home Price | $275,000 | $568,000 |
| Average Rent (2 BR Apartment) | $1350 | $2100 |
| Average Rent (2 BR House) | $1360 | $2145 |
Housing Comparison: Lexington vs Lakewood
- The median home price in Lakewood is higher at $568,000, compared to $275,000 in Lexington.
- In Lakewood, the rental for a two-bedroom apartment stands at $2,100, while it is $1,350 in Lexington.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lexington | Lakewood |
|---|---|---|
| Electricity Price | $12.87 | $15.21 |
| Natural Gas Price | $22.78 | $11.3 |
| Other Utilities | $230 | $250 |
Utilities Comparison: Lexington vs Lakewood
- Lakewood has higher electricity costs at $15.21 per kWh, versus $12.87 in Lexington.
- Natural gas is more expensive in Lexington at $22.78 per unit, while it is cheaper at $11.3 in Lakewood.
- Lakewood has higher utility expenses, averaging $250, while Lexington averages $230.