Cost of Living: Boston, MA vs Ocean city, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Boston | Ocean city |
|---|---|---|
| Housing Index | 140.0 | Data is updating |
| Median Home Price | $985,000 | $600,000 |
| Average Rent (2 BR Apartment) | $3000 | $Data is updating |
| Average Rent (2 BR House) | $2800 | $Data is updating |
Housing Comparison: Boston vs Ocean city
- In Boston, the median home price is higher at $985,000, while in Ocean city it is $600,000.
- The rent for a two-bedroom apartment is equal in both Boston and Ocean city at $3,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Boston | Ocean city |
|---|---|---|
| Electricity Price | $28.15 | $19.88 |
| Natural Gas Price | $21.62 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Boston vs Ocean city
- Electricity costs are higher in Boston at $28.15 per kWh, compared to $19.88 in Ocean city.
- Natural gas is more expensive in Boston at $21.62 per unit, while it is cheaper at $14.01 in Ocean city.
- Utility expenses are equal in both Boston and Ocean city averaging $250.