Cost of Living: Lansing, MI vs Old bridge, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lansing | Old bridge |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $228,500 | $426,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Lansing vs Old bridge
- The median home price in Old bridge is higher at $426,000, compared to $228,500 in Lansing.
- The rent for a two-bedroom apartment is equal in both Lansing and Old bridge at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lansing | Old bridge |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $15.42 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lansing vs Old bridge
- Electricity costs are the same in both Lansing and Old bridge at $19.88 per kWh.
- Natural gas is more expensive in Lansing at $15.42 per unit, while it is cheaper at $14.01 in Old bridge.
- Utility expenses are equal in both Lansing and Old bridge averaging $250.