Cost of Living: Oak park, IL vs Lyndhurst, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Oak park | Lyndhurst |
|---|---|---|
| Housing Index | 115.0 | 120.0 |
| Median Home Price | $398,000 | $485,000 |
| Average Rent (2 BR Apartment) | $1900 | $2200 |
| Average Rent (2 BR House) | $1935 | $2256 |
Housing Comparison: Oak park vs Lyndhurst
- The median home price in Lyndhurst is higher at $485,000, compared to $398,000 in Oak park.
- In Lyndhurst, the rental for a two-bedroom apartment stands at $2,200, while it is $1,900 in Oak park.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Oak park | Lyndhurst |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Oak park vs Lyndhurst
- Lyndhurst has higher electricity costs at $19.88 per kWh, versus $16.15 in Oak park.
- Natural gas is more expensive in Oak park at $16.59 per unit, while it is cheaper at $14.01 in Lyndhurst.
- Utility expenses are equal in both Oak park and Lyndhurst averaging $250.