Cost of Living: Lu verne, IA vs Paterson, NJ

Housing

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

Metric Lu verne Paterson
Housing Index Data is updating Data is updating
Median Home Price $86,000 $357,000
Average Rent (2 BR Apartment) $Data is updating $Data is updating
Average Rent (2 BR House) $Data is updating $Data is updating

Housing Comparison: Lu verne vs Paterson

  • The median home price in Paterson is higher at $357,000, compared to $86,000 in Lu verne.
  • The rent for a two-bedroom apartment is equal in both Lu verne and Paterson at $0.0.

Utilities

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

Metric Lu verne Paterson
Electricity Price $14.82 $19.88
Natural Gas Price $15.61 $14.01
Other Utilities $Data is updating $Data is updating

Utilities Comparison: Lu verne vs Paterson

  • Paterson has higher electricity costs at $19.88 per kWh, versus $14.82 in Lu verne.
  • Natural gas is more expensive in Lu verne at $15.61 per unit, while it is cheaper at $14.01 in Paterson.
  • Utility expenses are equal in both Lu verne and Paterson averaging $0.0.