Cost of Living: Marlboro, NJ vs Forest lake, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Marlboro | Forest lake |
|---|---|---|
| Housing Index | 125.0 | 115.0 |
| Median Home Price | $600,000 | $374,000 |
| Average Rent (2 BR Apartment) | $2200 | $1500 |
| Average Rent (2 BR House) | $2240 | $1600 |
Housing Comparison: Marlboro vs Forest lake
- In Marlboro, the median home price is higher at $600,000, while in Forest lake it is $374,000.
- Renting a two-bedroom apartment costs more in Marlboro at $2,200 than in Forest lake at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Marlboro | Forest lake |
|---|---|---|
| Electricity Price | $19.88 | $16.38 |
| Natural Gas Price | $14.01 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Marlboro vs Forest lake
- Electricity costs are higher in Marlboro at $19.88 per kWh, compared to $16.38 in Forest lake.
- Forest lake experiences higher natural gas costs at $14.87 per unit, with costs at $14.01 in Marlboro.
- Utility expenses are equal in both Marlboro and Forest lake averaging $250.