Cost of Living: Southaven, MS vs Lyndhurst, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Southaven | Lyndhurst |
|---|---|---|
| Housing Index | 85.5 | 120.0 |
| Median Home Price | $251,000 | $485,000 |
| Average Rent (2 BR Apartment) | $1300 | $2200 |
| Average Rent (2 BR House) | $1365 | $2256 |
Housing Comparison: Southaven vs Lyndhurst
- The median home price in Lyndhurst is higher at $485,000, compared to $251,000 in Southaven.
- In Lyndhurst, the rental for a two-bedroom apartment stands at $2,200, while it is $1,300 in Southaven.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Southaven | Lyndhurst |
|---|---|---|
| Electricity Price | $13.42 | $19.88 |
| Natural Gas Price | $22.19 | $14.01 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Southaven vs Lyndhurst
- Lyndhurst has higher electricity costs at $19.88 per kWh, versus $13.42 in Southaven.
- Natural gas is more expensive in Southaven at $22.19 per unit, while it is cheaper at $14.01 in Lyndhurst.
- Lyndhurst has higher utility expenses, averaging $250, while Southaven averages $200.