Cost of Living: Middletown, CT vs Lakewood, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Middletown | Lakewood |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $296,500 | $190,000 |
| Average Rent (2 BR Apartment) | $1800 | $1600 |
| Average Rent (2 BR House) | $1840 | $1640 |
Housing Comparison: Middletown vs Lakewood
- In Middletown, the median home price is higher at $296,500, while in Lakewood it is $190,000.
- Renting a two-bedroom apartment costs more in Middletown at $1,800 than in Lakewood at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Middletown | Lakewood |
|---|---|---|
| Electricity Price | $26 | $26.08 |
| Natural Gas Price | $Data is updating | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Middletown vs Lakewood
- Lakewood has higher electricity costs at $26.08 per kWh, versus $26 in Middletown.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Middletown and Lakewood averaging $250.