Cost of Living: Bedminster, NJ vs Corona, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bedminster | Corona |
|---|---|---|
| Housing Index | 125.0 | 120.5 |
| Median Home Price | $722,500 | $651,000 |
| Average Rent (2 BR Apartment) | $2800 | $2300 |
| Average Rent (2 BR House) | $2850 | $2400 |
Housing Comparison: Bedminster vs Corona
- In Bedminster, the median home price is higher at $722,500, while in Corona it is $651,000.
- Renting a two-bedroom apartment costs more in Bedminster at $2,800 than in Corona 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 | Bedminster | Corona |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $14.01 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Bedminster vs Corona
- Corona has higher electricity costs at $32.99 per kWh, versus $19.88 in Bedminster.
- Corona experiences higher natural gas costs at $16.99 per unit, with costs at $14.01 in Bedminster.
- Utility expenses are equal in both Bedminster and Corona averaging $250.