Cost of Living: Bedminster, NJ vs Winchester, TN

Housing

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

Metric Bedminster Winchester
Housing Index 125.0 Data is updating
Median Home Price $722,500 $275,000
Average Rent (2 BR Apartment) $2800 $Data is updating
Average Rent (2 BR House) $2850 $Data is updating

Housing Comparison: Bedminster vs Winchester

  • In Bedminster, the median home price is higher at $722,500, while in Winchester it is $275,000.
  • The rent for a two-bedroom apartment is equal in both Bedminster and Winchester at $2,800.

Utilities

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

Metric Bedminster Winchester
Electricity Price $19.88 $12.57
Natural Gas Price $14.01 $12.35
Other Utilities $250 $Data is updating

Utilities Comparison: Bedminster vs Winchester

  • Electricity costs are higher in Bedminster at $19.88 per kWh, compared to $12.57 in Winchester.
  • Natural gas is more expensive in Bedminster at $14.01 per unit, while it is cheaper at $12.35 in Winchester.
  • Utility expenses are equal in both Bedminster and Winchester averaging $250.