Cost of Living: Clifton, NJ vs Monahans, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Clifton | Monahans |
|---|---|---|
| Housing Index | 120.0 | 92.0 |
| Median Home Price | $504,000 | $195,000 |
| Average Rent (2 BR Apartment) | $2300 | $1200 |
| Average Rent (2 BR House) | $2400 | $1344 |
Housing Comparison: Clifton vs Monahans
- In Clifton, the median home price is higher at $504,000, while in Monahans it is $195,000.
- Renting a two-bedroom apartment costs more in Clifton at $2,300 than in Monahans 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 | Clifton | Monahans |
|---|---|---|
| Electricity Price | $19.88 | $14.47 |
| Natural Gas Price | $14.01 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Clifton vs Monahans
- Electricity costs are higher in Clifton at $19.88 per kWh, compared to $14.47 in Monahans.
- Monahans experiences higher natural gas costs at $26.29 per unit, with costs at $14.01 in Clifton.
- Utility expenses are equal in both Clifton and Monahans averaging $250.