Housing costs in Lakewood?
A typical home costs
$194,100, which is 42.6% less expensive than the national average of
$338,100 and 53.1% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Lakewood costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 130.6% cheaper than the state average of
$1,960.
Can I afford Lakewood?
To live comfortably in Lakewood, New York, a minimum annual income of
$37,080 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lakewood?
The cost of living in Lakewood, NY is relatively low compared to many other places in the northeast region. Housing costs are particularly affordable, with an average home price that is well below the national average. Additionally, the cost of groceries and other necessities such as gas are also very reasonable. All these factors make Lakewood an attractive destination for people looking for a place to live that is reasonably priced and located near all the amenities one would expect from a bustling city.