Cost of Living: Princeton, NJ vs Jackson, MO

Housing

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

Metric Princeton Jackson
Housing Index 125.0 90.0
Median Home Price $606,000 $210,000
Average Rent (2 BR Apartment) $2600 $1000
Average Rent (2 BR House) $2640 $880

Housing Comparison: Princeton vs Jackson

  • In Princeton, the median home price is higher at $606,000, while in Jackson it is $210,000.
  • Renting a two-bedroom apartment costs more in Princeton at $2,600 than in Jackson at $1,000.

Utilities

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

Metric Princeton Jackson
Electricity Price $19.88 $14.64
Natural Gas Price $14.01 $23.25
Other Utilities $280 $250

Utilities Comparison: Princeton vs Jackson

  • Electricity costs are higher in Princeton at $19.88 per kWh, compared to $14.64 in Jackson.
  • Jackson experiences higher natural gas costs at $23.25 per unit, with costs at $14.01 in Princeton.
  • Other utility costs are higher in Princeton at an average of $280, compared to Jackson with $250.