Cost of Living: La crescent, MN vs Pompton lakes, NJ

Housing

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

Metric La crescent Pompton lakes
Housing Index 95.0 120.0
Median Home Price $257,500 $450,000
Average Rent (2 BR Apartment) $1200 $2300
Average Rent (2 BR House) $1300 $2400

Housing Comparison: La crescent vs Pompton lakes

  • The median home price in Pompton lakes is higher at $450,000, compared to $257,500 in La crescent.
  • In Pompton lakes, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 in La crescent.

Utilities

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

Metric La crescent Pompton lakes
Electricity Price $16.38 $19.88
Natural Gas Price $14.87 $14.01
Other Utilities $250 $250

Utilities Comparison: La crescent vs Pompton lakes

  • Pompton lakes has higher electricity costs at $19.88 per kWh, versus $16.38 in La crescent.
  • Natural gas is more expensive in La crescent at $14.87 per unit, while it is cheaper at $14.01 in Pompton lakes.
  • Utility expenses are equal in both La crescent and Pompton lakes averaging $250.