Cost of Living: Closter, NJ vs Oak park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Closter | Oak park |
|---|---|---|
| Housing Index | 130.0 | 115.0 |
| Median Home Price | $664,000 | $398,000 |
| Average Rent (2 BR Apartment) | $2800 | $1900 |
| Average Rent (2 BR House) | $2900 | $1935 |
Housing Comparison: Closter vs Oak park
- In Closter, the median home price is higher at $664,000, while in Oak park it is $398,000.
- Renting a two-bedroom apartment costs more in Closter at $2,800 than in Oak park at $1,900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Closter | Oak park |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $14.01 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Closter vs Oak park
- Electricity costs are higher in Closter at $19.88 per kWh, compared to $16.15 in Oak park.
- Oak park experiences higher natural gas costs at $16.59 per unit, with costs at $14.01 in Closter.
- Utility expenses are equal in both Closter and Oak park averaging $250.