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.