Cost of Living: Mountain home, AR vs Elizabeth, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mountain home | Elizabeth |
|---|---|---|
| Housing Index | 102.0 | 125.0 |
| Median Home Price | $197,000 | $293,000 |
| Average Rent (2 BR Apartment) | $950 | $2400 |
| Average Rent (2 BR House) | $960 | $2400 |
Housing Comparison: Mountain home vs Elizabeth
- The median home price in Elizabeth is higher at $293,000, compared to $197,000 in Mountain home.
- Renting a two-bedroom apartment costs more in Mountain home at $950 than in Elizabeth 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 | Mountain home | Elizabeth |
|---|---|---|
| Electricity Price | $12.36 | $19.88 |
| Natural Gas Price | $17.08 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Mountain home vs Elizabeth
- Elizabeth has higher electricity costs at $19.88 per kWh, versus $12.36 in Mountain home.
- Natural gas is more expensive in Mountain home at $17.08 per unit, while it is cheaper at $14.01 in Elizabeth.
- Utility expenses are equal in both Mountain home and Elizabeth averaging $250.