Cost of Living: Mason city, IL vs Elizabeth, NJ

Housing

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

Metric Mason city Elizabeth
Housing Index 85.0 125.0
Median Home Price $124,000 $293,000
Average Rent (2 BR Apartment) $800 $2400
Average Rent (2 BR House) $930 $2400

Housing Comparison: Mason city vs Elizabeth

  • The median home price in Elizabeth is higher at $293,000, compared to $124,000 in Mason city.
  • Renting a two-bedroom apartment costs more in Mason city at $800 than in Elizabeth at $2,400.

Utilities

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

Metric Mason city Elizabeth
Electricity Price $16.15 $19.88
Natural Gas Price $16.59 $14.01
Other Utilities $200 $250

Utilities Comparison: Mason city vs Elizabeth

  • Elizabeth has higher electricity costs at $19.88 per kWh, versus $16.15 in Mason city.
  • Natural gas is more expensive in Mason city at $16.59 per unit, while it is cheaper at $14.01 in Elizabeth.
  • Elizabeth has higher utility expenses, averaging $250, while Mason city averages $200.