City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Austin | Lakewood | Difference |
|---|---|---|---|
| Median rent | $1,549/mo | $1,619/mo | 4.3% lower in A |
| Median home value | $461,500 | $604,600 | 23.7% lower in A |
| Median household income | $86,556 | $54,826 | 57.9% higher in A |
| Groceries index | 95.2 | 100.1 | 4.9% lower in A |
| Utilities index | 85.9 | 108.4 | 20.8% lower in A |
| Transportation index | 97.5 | 97.3 | ≈ equal |
| Healthcare index | 95.8 | 100.0 | 4.2% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Austin, you'd need $107,825 in Lakewood to maintain your standard of living.
Climate, safety, and demographics side by side.
Austin, TX is about 7.3% cheaper overall than Lakewood, NJ, based on our cost-of-living index. Housing costs are roughly 9% lower in Austin than in Lakewood. If you earn $80,000 in Austin, you'd need about $86,260 in Lakewood to keep the same standard of living.