Cost of Living: Alpharetta, GA vs Newark, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Alpharetta | Newark |
|---|---|---|
| Housing Index | 120.0 | 130.5 |
| Median Home Price | $468,000 | $327,000 |
| Average Rent (2 BR Apartment) | $2200 | $2200 |
| Average Rent (2 BR House) | $2270 | $2267 |
Housing Comparison: Alpharetta vs Newark
- In Alpharetta, the median home price is higher at $468,000, while in Newark it is $327,000.
- The rent for a two-bedroom apartment is equal in both Alpharetta and Newark at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Alpharetta | Newark |
|---|---|---|
| Electricity Price | $15.53 | $19.88 |
| Natural Gas Price | $27.53 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Alpharetta vs Newark
- Newark has higher electricity costs at $19.88 per kWh, versus $15.53 in Alpharetta.
- Natural gas is more expensive in Alpharetta at $27.53 per unit, while it is cheaper at $14.01 in Newark.
- Utility expenses are equal in both Alpharetta and Newark averaging $250.