Cost of Living: Springfield, OR vs Lincroft, NJ

Housing

The housing market plays a significant role in determining the cost of living.

Metric Springfield Lincroft
Housing Index 110.0 Data is updating
Median Home Price $420,000 $640,000
Average Rent (2 BR Apartment) $1500 $Data is updating
Average Rent (2 BR House) $1580 $Data is updating

Housing Comparison: Springfield vs Lincroft

  • The median home price in Lincroft is higher at $640,000, compared to $420,000 in Springfield.
  • The rent for a two-bedroom apartment is equal in both Springfield and Lincroft at $1,500.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Springfield Lincroft
Electricity Price $15.12 $19.88
Natural Gas Price $16.5 $14.01
Other Utilities $230 $Data is updating

Utilities Comparison: Springfield vs Lincroft

  • Lincroft has higher electricity costs at $19.88 per kWh, versus $15.12 in Springfield.
  • Natural gas is more expensive in Springfield at $16.5 per unit, while it is cheaper at $14.01 in Lincroft.
  • Utility expenses are equal in both Springfield and Lincroft averaging $230.