Cost of Living: Alexandria, VA vs Hackensack, NJ

Housing

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

Metric Alexandria Hackensack
Housing Index 136.0 125.0
Median Home Price $504,400 $493,500
Average Rent (2 BR Apartment) $2400 $2400
Average Rent (2 BR House) $2450 $2480

Housing Comparison: Alexandria vs Hackensack

  • In Alexandria, the median home price is higher at $504,400, while in Hackensack it is $493,500.
  • The rent for a two-bedroom apartment is equal in both Alexandria and Hackensack 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 Alexandria Hackensack
Electricity Price $15.31 $19.88
Natural Gas Price $19.91 $14.01
Other Utilities $280 $280

Utilities Comparison: Alexandria vs Hackensack

  • Hackensack has higher electricity costs at $19.88 per kWh, versus $15.31 in Alexandria.
  • Natural gas is more expensive in Alexandria at $19.91 per unit, while it is cheaper at $14.01 in Hackensack.
  • Utility expenses are equal in both Alexandria and Hackensack averaging $280.