Zip 14750 (Lakewood, NY) Cost of Living


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How much do I need to live in Lakewood, New York?
$2,970 / month
for a family, 45.0% less expensive than the national average A total of $35,640 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Lakewood cost of living score
75.5
Less expensive
24.5% lower
than the US average
37.9% lower
than the New York average
Lakewood (zip 14750), New York gets a BestPlaces Cost of Living score of 75.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.5% lower than the U.S. average and 37.9% lower than the average for New York.

Zip 14750 (Lakewood, NY)

Housing costs in Lakewood?
A typical home costs $185,400, which is 45.2% less expensive than the national average of $338,100 and 55.2% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Lakewood costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 145.0% cheaper than the state average of $1,960.

Can I afford Lakewood?
To live comfortably in Lakewood (zip 14750), New York, a minimum annual income of $35,640 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Lakewood?
The cost of living in 14750 Lakewood, NY is generally considered to be quite affordable. Prices for many basic necessities such as groceries and utilities are lower than the national average. Housing costs are also relatively low, with a median home price that is below the state and national averages. The area also offers a variety of employment opportunities, making it a great option for those interested in finding work in an affordable location.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLakewoodNew YorkUnited States
    Unlock121.5100.0
  97.8  Unlock100.0
    Unlock120.7100.0
  53.8  Unlock100.0
    Unlock$413,600$338,100
  107.3  Unlock100.0
    Unlock140.7100.0
  106.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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