Cost of Living: Victoria, TX vs Lakewood, WA

Housing

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

Metric Victoria Lakewood
Housing Index 98.2 115.0
Median Home Price $223,000 $495,000
Average Rent (2 BR Apartment) $1606 $1674
Average Rent (2 BR House) $1746 $1820

Housing Comparison: Victoria vs Lakewood

  • The median home price in Lakewood is higher at $495,000, compared to $223,000 in Victoria.
  • In Lakewood, the rental for a two-bedroom apartment stands at $1,674, while it is $1,606 in Victoria.

Utilities

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

Metric Victoria Lakewood
Electricity Price $14.47 $12.34
Natural Gas Price $26.29 $18.14
Other Utilities $235 $250

Utilities Comparison: Victoria vs Lakewood

  • Electricity costs are higher in Victoria at $14.47 per kWh, compared to $12.34 in Lakewood.
  • Natural gas is more expensive in Victoria at $26.29 per unit, while it is cheaper at $18.14 in Lakewood.
  • Lakewood has higher utility expenses, averaging $250, while Victoria averages $235.