Cost of Living: Addison, IL vs Lincroft, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Addison | Lincroft |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $315,000 | $640,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Addison vs Lincroft
- The median home price in Lincroft is higher at $640,000, compared to $315,000 in Addison.
- The rent for a two-bedroom apartment is equal in both Addison and Lincroft at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Addison | Lincroft |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Addison vs Lincroft
- Lincroft 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 Lincroft.
- Utility expenses are equal in both Addison and Lincroft averaging $250.