Cost of Living: Lubbock, TX vs Lake hiawatha, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lubbock | Lake hiawatha |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $232,000 | $360,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Lubbock vs Lake hiawatha
- The median home price in Lake hiawatha is higher at $360,000, compared to $232,000 in Lubbock.
- The rent for a two-bedroom apartment is equal in both Lubbock and Lake hiawatha 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 | Lubbock | Lake hiawatha |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $14.01 |
| Other Utilities | $260 | $Data is updating |
Utilities Comparison: Lubbock vs Lake hiawatha
- Lake hiawatha has higher electricity costs at $19.88 per kWh, versus $14.47 in Lubbock.
- Natural gas is more expensive in Lubbock at $26.29 per unit, while it is cheaper at $14.01 in Lake hiawatha.
- Utility expenses are equal in both Lubbock and Lake hiawatha averaging $260.