Cost of Living: Westfield, NJ vs Albany, OR

Housing

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

Metric Westfield Albany
Housing Index 120.0 98.0
Median Home Price $725,000 $315,000
Average Rent (2 BR Apartment) $2400 $1400
Average Rent (2 BR House) $2400 $1440

Housing Comparison: Westfield vs Albany

  • In Westfield, the median home price is higher at $725,000, while in Albany it is $315,000.
  • Renting a two-bedroom apartment costs more in Westfield at $2,400 than in Albany at $1,400.

Utilities

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

Metric Westfield Albany
Electricity Price $19.88 $15.12
Natural Gas Price $14.01 $16.5
Other Utilities $250 $250

Utilities Comparison: Westfield vs Albany

  • Electricity costs are higher in Westfield at $19.88 per kWh, compared to $15.12 in Albany.
  • Albany experiences higher natural gas costs at $16.5 per unit, with costs at $14.01 in Westfield.
  • Utility expenses are equal in both Westfield and Albany averaging $250.