Cost of Living: Lebanon, MO vs Paterson, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lebanon | Paterson |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $220,000 | $357,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Lebanon vs Paterson
- The median home price in Paterson is higher at $357,000, compared to $220,000 in Lebanon.
- The rent for a two-bedroom apartment is equal in both Lebanon and Paterson 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 | Lebanon | Paterson |
|---|---|---|
| Electricity Price | $14.64 | $19.88 |
| Natural Gas Price | $23.25 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lebanon vs Paterson
- Paterson has higher electricity costs at $19.88 per kWh, versus $14.64 in Lebanon.
- Natural gas is more expensive in Lebanon at $23.25 per unit, while it is cheaper at $14.01 in Paterson.
- Utility expenses are equal in both Lebanon and Paterson averaging $250.