Cost of Living: Dover, NJ vs Lincoln, IL

Housing

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

Metric Dover Lincoln
Housing Index 120.0 85.0
Median Home Price $325,000 $106,000
Average Rent (2 BR Apartment) $2100 $1150
Average Rent (2 BR House) $2150 $1200

Housing Comparison: Dover vs Lincoln

  • In Dover, the median home price is higher at $325,000, while in Lincoln it is $106,000.
  • Renting a two-bedroom apartment costs more in Dover at $2,100 than in Lincoln at $1,150.

Utilities

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

Metric Dover Lincoln
Electricity Price $19.88 $16.15
Natural Gas Price $14.01 $16.59
Other Utilities $250 $250

Utilities Comparison: Dover vs Lincoln

  • Electricity costs are higher in Dover at $19.88 per kWh, compared to $16.15 in Lincoln.
  • Lincoln experiences higher natural gas costs at $16.59 per unit, with costs at $14.01 in Dover.
  • Utility expenses are equal in both Dover and Lincoln averaging $250.