Cost of Living: Hackensack, NJ vs Denver, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hackensack | Denver |
|---|---|---|
| Housing Index | 125.0 | 115.0 |
| Median Home Price | $493,500 | $631,000 |
| Average Rent (2 BR Apartment) | $2400 | $2400 |
| Average Rent (2 BR House) | $2480 | $2480 |
Housing Comparison: Hackensack vs Denver
- The median home price in Denver is higher at $631,000, compared to $493,500 in Hackensack.
- The rent for a two-bedroom apartment is equal in both Hackensack and Denver at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hackensack | Denver |
|---|---|---|
| Electricity Price | $19.88 | $15.21 |
| Natural Gas Price | $14.01 | $11.3 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Hackensack vs Denver
- Electricity costs are higher in Hackensack at $19.88 per kWh, compared to $15.21 in Denver.
- Natural gas is more expensive in Hackensack at $14.01 per unit, while it is cheaper at $11.3 in Denver.
- Other utility costs are higher in Hackensack at an average of $280, compared to Denver with $250.