Cost of Living: Addison, IL vs Closter, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Addison | Closter |
|---|---|---|
| Housing Index | 115.0 | 130.0 |
| Median Home Price | $315,000 | $664,000 |
| Average Rent (2 BR Apartment) | $1800 | $2800 |
| Average Rent (2 BR House) | $1840 | $2900 |
Housing Comparison: Addison vs Closter
- The median home price in Closter is higher at $664,000, compared to $315,000 in Addison.
- In Closter, the rental for a two-bedroom apartment stands at $2,800, while it is $1,800 in Addison.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Addison | Closter |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Addison vs Closter
- Closter has higher electricity costs at $19.88 per kWh, versus $16.15 in Addison.
- Natural gas is more expensive in Addison at $16.59 per unit, while it is cheaper at $14.01 in Closter.
- Utility expenses are equal in both Addison and Closter averaging $250.