Cost of Living in Lawrenceville, PA
Housing
The housing market plays a significant role in determining the cost of living in Lawrenceville, PA.
- Housing Index: 115.0 / 100
- Median Home Price is: $100000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1640 per month
With a housing index of 115.0, Lawrenceville, PA showcases a relatively balanced market for both renting and purchasing. The median home price of 100000 makes it an attractive option for first-time buyers. Rent prices are competitive, with average rents for a 2BR apartment and 2BR house at 1600 and 1640, respectively. This area appears favorable for young families or professionals looking for affordability and access to amenities. However, be sure to consider local job opportunities and lifestyle preferences when deciding to move here.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lawrenceville, PA.
- Electricity Price: $17.68 USD (median by state)
- Natural Gas Price: $17.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Lawrenceville, PA could entail higher utility costs. Electricity costs sit at $17.68, while natural gas is priced at $17.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Lawrenceville is a financially viable option for your relocation.