Cost of Living: Carteret, NJ vs Booneville, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Carteret | Booneville |
|---|---|---|
| Housing Index | 130.0 | 85.0 |
| Median Home Price | $337,000 | $150,000 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2500 | $1280 |
Housing Comparison: Carteret vs Booneville
- In Carteret, the median home price is higher at $337,000, while in Booneville it is $150,000.
- Renting a two-bedroom apartment costs more in Carteret at $2,400 than in Booneville at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Carteret | Booneville |
|---|---|---|
| Electricity Price | $19.88 | $13.42 |
| Natural Gas Price | $14.01 | $22.19 |
| Other Utilities | $280 | $180 |
Utilities Comparison: Carteret vs Booneville
- Electricity costs are higher in Carteret at $19.88 per kWh, compared to $13.42 in Booneville.
- Booneville experiences higher natural gas costs at $22.19 per unit, with costs at $14.01 in Carteret.
- Other utility costs are higher in Carteret at an average of $280, compared to Booneville with $180.