Cost of Living: Cedar falls, IA vs Lynn, MA

Housing

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

Metric Cedar falls Lynn
Housing Index 85.0 125.0
Median Home Price $221,000 $476,800
Average Rent (2 BR Apartment) $1200 $2400
Average Rent (2 BR House) $1300 $2496

Housing Comparison: Cedar falls vs Lynn

  • The median home price in Lynn is higher at $476,800, compared to $221,000 in Cedar falls.
  • In Lynn, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Cedar falls.

Utilities

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

Metric Cedar falls Lynn
Electricity Price $14.82 $28.15
Natural Gas Price $15.61 $21.62
Other Utilities $150 $280

Utilities Comparison: Cedar falls vs Lynn

  • Lynn has higher electricity costs at $28.15 per kWh, versus $14.82 in Cedar falls.
  • Lynn experiences higher natural gas costs at $21.62 per unit, with costs at $15.61 in Cedar falls.
  • Lynn has higher utility expenses, averaging $280, while Cedar falls averages $150.