Please note: This page is still under construction,

We will try to discuss the Average Lakewood Living Standards.

A household of 10 would live in a 2800 Sq. Ft. home, the average price is approx. $550,000.00 if it’s in town (North side of the lake is called, the די אלטע לעיקוואד).

 In the new Chasidic developments like the Rockwell the homes are priced $450,000.00 for 2800 Sq. Ft. + a finished basement of 1400 Sq. Ft.

 After a deposit of $100K you have a mortgage of $350k in which case your monthly payment will be 507.00 (by a rate of 4.5%) $1774.50, Plus Tax. Ins.

 Usually, a finished basement gets an income of around 1000.00 per month, $12,000 a year, covering your Tax & Insurance, so that will never be an income, just a help to cover a big portion your expense. 

Tuition in the existing Chasidishe Moisdos is Approx:
Elementary   $390.00/Month  (Kita א & up)
Please note, not all Moisdes Provide Nursery & Kindergarten. 
The average tuition charged by the private Nurseries is: $240-280/Month.

Elementary   $400.00/Month, (10 months a year)
Day camps are privatized and Costs Separate)

We will try to update this page after getting a better picture on the Lakewood job market Bez”h.

Please comment at info@harchivi.com

What they said about lakwood, year 2013:

The much-repeated theme of the many encomia to the yeshiva’s late founder was that Kotler, a refugee from Eastern Europe, fundamentally changed what it meant to be an Orthodox Jew in America. Kotler insisted that it was possible to establish in the treife medina—a social environment inhospitable to the values of Torah study and Orthodox Judaism—a community of scholars whose purpose in life would be the study of Torah “for its own sake,” without concern for livelihood, and at the level of the great yeshivas of Eastern Europe destroyed in the Holocaust. But for the arrival of Kotler, the narrative goes, serious Torah study could never have developed in America.

The small yeshiva Kotler founded with 14 students in 1942 is now a mega-yeshiva with 6,600 students and satellite institutions spread throughout North America and beyond. The growth of the yeshiva has in turn driven the growth of the surrounding community of Lakewood; a sleepy resort village in 1942, it is now a large town with over 55,000 Orthodox inhabitants. For many years, the Lakewood yeshiva has been the central and most respected academic institution within the community of Ashkenazi Lithuanian Orthodox Jews in America, and the town of Lakewood has attained a “city upon a hill” reputation as an exemplary community where Torah study is the highest value.