Cost of Living: Lake ariel, PA vs Cedar grove, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lake ariel | Cedar grove |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $310,000 | $522,500 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1640 | $Data is updating |
Housing Comparison: Lake ariel vs Cedar grove
- The median home price in Cedar grove is higher at $522,500, compared to $310,000 in Lake ariel.
- The rent for a two-bedroom apartment is equal in both Lake ariel and Cedar grove at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lake ariel | Cedar grove |
|---|---|---|
| Electricity Price | $17.68 | $19.88 |
| Natural Gas Price | $17.61 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lake ariel vs Cedar grove
- Cedar grove has higher electricity costs at $19.88 per kWh, versus $17.68 in Lake ariel.
- Natural gas is more expensive in Lake ariel at $17.61 per unit, while it is cheaper at $14.01 in Cedar grove.
- Utility expenses are equal in both Lake ariel and Cedar grove averaging $250.