Cost of Living: Deerfield, IL vs Lawrence, MA

Housing

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

Metric Deerfield Lawrence
Housing Index 115.0 Data is updating
Median Home Price $526,000 $375,000
Average Rent (2 BR Apartment) $2200 $Data is updating
Average Rent (2 BR House) $2240 $Data is updating

Housing Comparison: Deerfield vs Lawrence

  • In Deerfield, the median home price is higher at $526,000, while in Lawrence it is $375,000.
  • The rent for a two-bedroom apartment is equal in both Deerfield and Lawrence at $2,200.

Utilities

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

Metric Deerfield Lawrence
Electricity Price $16.15 $28.15
Natural Gas Price $16.59 $21.62
Other Utilities $280 $Data is updating

Utilities Comparison: Deerfield vs Lawrence

  • Lawrence has higher electricity costs at $28.15 per kWh, versus $16.15 in Deerfield.
  • Lawrence experiences higher natural gas costs at $21.62 per unit, with costs at $16.59 in Deerfield.
  • Utility expenses are equal in both Deerfield and Lawrence averaging $280.