Cost of Living: Springfield, MO vs Pompton lakes, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Springfield | Pompton lakes |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $215,000 | $450,000 |
| Average Rent (2 BR Apartment) | $900 | $2300 |
| Average Rent (2 BR House) | $960 | $2400 |
Housing Comparison: Springfield vs Pompton lakes
- The median home price in Pompton lakes is higher at $450,000, compared to $215,000 in Springfield.
- Renting a two-bedroom apartment costs more in Springfield at $900 than in Pompton lakes at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Springfield | Pompton lakes |
|---|---|---|
| Electricity Price | $14.64 | $19.88 |
| Natural Gas Price | $23.25 | $14.01 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Springfield vs Pompton lakes
- Pompton lakes has higher electricity costs at $19.88 per kWh, versus $14.64 in Springfield.
- Natural gas is more expensive in Springfield at $23.25 per unit, while it is cheaper at $14.01 in Pompton lakes.
- Pompton lakes has higher utility expenses, averaging $250, while Springfield averages $200.