Cost of Living: Lakeville, MA vs Sewell, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakeville | Sewell |
|---|---|---|
| Housing Index | 125.0 | 120.5 |
| Median Home Price | $400,000 | $325,000 |
| Average Rent (2 BR Apartment) | $2200 | $2100 |
| Average Rent (2 BR House) | $2240 | $2150 |
Housing Comparison: Lakeville vs Sewell
- In Lakeville, the median home price is higher at $400,000, while in Sewell it is $325,000.
- Renting a two-bedroom apartment costs more in Lakeville at $2,200 than in Sewell at $2,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakeville | Sewell |
|---|---|---|
| Electricity Price | $28.15 | $19.88 |
| Natural Gas Price | $21.62 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lakeville vs Sewell
- Electricity costs are higher in Lakeville at $28.15 per kWh, compared to $19.88 in Sewell.
- Natural gas is more expensive in Lakeville at $21.62 per unit, while it is cheaper at $14.01 in Sewell.
- Utility expenses are equal in both Lakeville and Sewell averaging $250.