Cost of Living: South river, NJ vs Lancaster, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | South river | Lancaster |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $330,000 | $399,000 |
| Average Rent (2 BR Apartment) | $2400 | $1800 |
| Average Rent (2 BR House) | $2500 | $1875 |
Housing Comparison: South river vs Lancaster
- The median home price in Lancaster is higher at $399,000, compared to $330,000 in South river.
- Renting a two-bedroom apartment costs more in South river at $2,400 than in Lancaster at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | South river | Lancaster |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $14.01 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: South river vs Lancaster
- Lancaster has higher electricity costs at $32.99 per kWh, versus $19.88 in South river.
- Lancaster experiences higher natural gas costs at $16.99 per unit, with costs at $14.01 in South river.
- Utility expenses are equal in both South river and Lancaster averaging $250.