Cost of Living: Tallahassee, FL vs Lakewood, NY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Tallahassee Lakewood
Housing Index 90.0 115.0
Median Home Price $295,000 $190,000
Average Rent (2 BR Apartment) $1200 $1600
Average Rent (2 BR House) $1360 $1640

Housing Comparison: Tallahassee vs Lakewood

  • In Tallahassee, the median home price is higher at $295,000, while in Lakewood it is $190,000.
  • In Lakewood, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Tallahassee.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Tallahassee Lakewood
Electricity Price $13.89 $26.08
Natural Gas Price $26.13 $18.13
Other Utilities $160 $250

Utilities Comparison: Tallahassee vs Lakewood

  • Lakewood has higher electricity costs at $26.08 per kWh, versus $13.89 in Tallahassee.
  • Natural gas is more expensive in Tallahassee at $26.13 per unit, while it is cheaper at $18.13 in Lakewood.
  • Lakewood has higher utility expenses, averaging $250, while Tallahassee averages $160.