Cost of Living: Altus, OK vs Jersey city, NJ

Housing

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

Metric Altus Jersey city
Housing Index 85.0 145.0
Median Home Price $197,500 $579,000
Average Rent (2 BR Apartment) $950 $3200
Average Rent (2 BR House) $968 $2800

Housing Comparison: Altus vs Jersey city

  • The median home price in Jersey city is higher at $579,000, compared to $197,500 in Altus.
  • Renting a two-bedroom apartment costs more in Altus at $950 than in Jersey city at $3,200.

Utilities

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

Metric Altus Jersey city
Electricity Price $12.37 $19.88
Natural Gas Price $20.27 $14.01
Other Utilities $200 $250

Utilities Comparison: Altus vs Jersey city

  • Jersey city has higher electricity costs at $19.88 per kWh, versus $12.37 in Altus.
  • Natural gas is more expensive in Altus at $20.27 per unit, while it is cheaper at $14.01 in Jersey city.
  • Jersey city has higher utility expenses, averaging $250, while Altus averages $200.