Cost of Living: Princeton, NJ vs Henderson, NV

Housing

The housing market plays a significant role in determining the cost of living.

Metric Princeton Henderson
Housing Index 125.0 110.0
Median Home Price $606,000 $Data is updating
Average Rent (2 BR Apartment) $2600 $1800
Average Rent (2 BR House) $2640 $1900

Housing Comparison: Princeton vs Henderson

  • In Princeton, the median home price is higher at $606,000, while in Henderson it is $0.
  • Renting a two-bedroom apartment costs more in Princeton at $2,600 than in Henderson at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Princeton Henderson
Electricity Price $19.88 $15.5
Natural Gas Price $14.01 $20.66
Other Utilities $280 $250

Utilities Comparison: Princeton vs Henderson

  • Electricity costs are higher in Princeton at $19.88 per kWh, compared to $15.5 in Henderson.
  • Henderson experiences higher natural gas costs at $20.66 per unit, with costs at $14.01 in Princeton.
  • Other utility costs are higher in Princeton at an average of $280, compared to Henderson with $250.