Cost of Living: Lyndhurst, NJ vs Farmington hills, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lyndhurst | Farmington hills |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $485,000 | $292,000 |
| Average Rent (2 BR Apartment) | $2200 | $Data is updating |
| Average Rent (2 BR House) | $2256 | $Data is updating |
Housing Comparison: Lyndhurst vs Farmington hills
- In Lyndhurst, the median home price is higher at $485,000, while in Farmington hills it is $292,000.
- The rent for a two-bedroom apartment is equal in both Lyndhurst and Farmington hills at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lyndhurst | Farmington hills |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $14.01 | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Lyndhurst vs Farmington hills
- Electricity costs are the same in both Lyndhurst and Farmington hills at $19.88 per kWh.
- Farmington hills experiences higher natural gas costs at $15.42 per unit, with costs at $14.01 in Lyndhurst.
- Utility expenses are equal in both Lyndhurst and Farmington hills averaging $250.