Cost of Living: Highland park, NJ vs Sparks, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Highland park | Sparks |
|---|---|---|
| Housing Index | 115.0 | 105.0 |
| Median Home Price | $426,000 | $475,000 |
| Average Rent (2 BR Apartment) | $2100 | $1600 |
| Average Rent (2 BR House) | $2150 | $1628 |
Housing Comparison: Highland park vs Sparks
- The median home price in Sparks is higher at $475,000, compared to $426,000 in Highland park.
- Renting a two-bedroom apartment costs more in Highland park at $2,100 than in Sparks at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Highland park | Sparks |
|---|---|---|
| Electricity Price | $19.88 | $15.5 |
| Natural Gas Price | $14.01 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Highland park vs Sparks
- Electricity costs are higher in Highland park at $19.88 per kWh, compared to $15.5 in Sparks.
- Sparks experiences higher natural gas costs at $20.66 per unit, with costs at $14.01 in Highland park.
- Utility expenses are equal in both Highland park and Sparks averaging $250.