Cost of Living: Virginia beach, VA vs Lyndhurst, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Virginia beach | Lyndhurst |
|---|---|---|
| Housing Index | 105.0 | 120.0 |
| Median Home Price | $359,000 | $485,000 |
| Average Rent (2 BR Apartment) | $1895 | $2200 |
| Average Rent (2 BR House) | $1930 | $2256 |
Housing Comparison: Virginia beach vs Lyndhurst
- The median home price in Lyndhurst is higher at $485,000, compared to $359,000 in Virginia beach.
- In Lyndhurst, the rental for a two-bedroom apartment stands at $2,200, while it is $1,895 in Virginia beach.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Virginia beach | Lyndhurst |
|---|---|---|
| Electricity Price | $15.31 | $19.88 |
| Natural Gas Price | $19.91 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Virginia beach vs Lyndhurst
- Lyndhurst has higher electricity costs at $19.88 per kWh, versus $15.31 in Virginia beach.
- Natural gas is more expensive in Virginia beach at $19.91 per unit, while it is cheaper at $14.01 in Lyndhurst.
- Utility expenses are equal in both Virginia beach and Lyndhurst averaging $250.