Cost of Living: Westfield, NJ vs Benton, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Westfield | Benton |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $725,000 | $196,000 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2400 | $1280 |
Housing Comparison: Westfield vs Benton
- In Westfield, the median home price is higher at $725,000, while in Benton it is $196,000.
- Renting a two-bedroom apartment costs more in Westfield at $2,400 than in Benton at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Westfield | Benton |
|---|---|---|
| Electricity Price | $19.88 | $12.36 |
| Natural Gas Price | $14.01 | $17.08 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Westfield vs Benton
- Electricity costs are higher in Westfield at $19.88 per kWh, compared to $12.36 in Benton.
- Benton experiences higher natural gas costs at $17.08 per unit, with costs at $14.01 in Westfield.
- Utility expenses are equal in both Westfield and Benton averaging $250.