Cost of Living: Oak grove, KY vs Lakewood, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oak grove | Lakewood |
|---|---|---|
| Housing Index | 90.2 | 115.0 |
| Median Home Price | $182,000 | $568,000 |
| Average Rent (2 BR Apartment) | $1200 | $2100 |
| Average Rent (2 BR House) | $1280 | $2145 |
Housing Comparison: Oak grove vs Lakewood
- The median home price in Lakewood is higher at $568,000, compared to $182,000 in Oak grove.
- In Lakewood, the rental for a two-bedroom apartment stands at $2,100, while it is $1,200 in Oak grove.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Oak grove | Lakewood |
|---|---|---|
| Electricity Price | $12.87 | $15.21 |
| Natural Gas Price | $22.78 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Oak grove vs Lakewood
- Lakewood has higher electricity costs at $15.21 per kWh, versus $12.87 in Oak grove.
- Natural gas is more expensive in Oak grove at $22.78 per unit, while it is cheaper at $11.3 in Lakewood.
- Utility expenses are equal in both Oak grove and Lakewood averaging $250.