Cost of Living: Lyndhurst, NJ vs Monticello, AR
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Lyndhurst | Monticello |
---|---|---|
Housing Index | 120.0 | 75.0 |
Median Home Price | $485,000 | $155,000 |
Average Rent (2 BR Apartment) | $2200 | $800 |
Average Rent (2 BR House) | $2256 | $801.6 |
Housing Comparison: Lyndhurst vs Monticello
- In Lyndhurst, the median home price is higher at $485,000, while in Monticello it is $155,000.
- In Monticello, the rental for a two-bedroom apartment stands at $800, while it is $2,200 in Lyndhurst.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Lyndhurst | Monticello |
---|---|---|
Electricity Price | $19.88 | $12.36 |
Natural Gas Price | $14.01 | $17.08 |
Other Utilities | $250 | $150 |
Utilities Comparison: Lyndhurst vs Monticello
- Electricity costs are higher in Lyndhurst at $19.88 per kWh, compared to $12.36 in Monticello.
- Monticello experiences higher natural gas costs at $17.08 per unit, with costs at $14.01 in Lyndhurst.
- Other utility costs are higher in Lyndhurst at an average of $250, compared to Monticello with $150.