Cost of Living: Paterson, NJ vs Lowell, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paterson | Lowell |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $357,000 | $513,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Paterson vs Lowell
- The median home price in Lowell is higher at $513,000, compared to $357,000 in Paterson.
- The rent for a two-bedroom apartment is equal in both Paterson and Lowell at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paterson | Lowell |
|---|---|---|
| Electricity Price | $19.88 | $28.15 |
| Natural Gas Price | $14.01 | $21.62 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Paterson vs Lowell
- Lowell has higher electricity costs at $28.15 per kWh, versus $19.88 in Paterson.
- Lowell experiences higher natural gas costs at $21.62 per unit, with costs at $14.01 in Paterson.
- Utility expenses are equal in both Paterson and Lowell averaging $0.0.