Cost of Living: Arvada, CO vs Ocean city, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Arvada | Ocean city |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $477,000 | $600,000 |
| Average Rent (2 BR Apartment) | $2000 | $Data is updating |
| Average Rent (2 BR House) | $2056 | $Data is updating |
Housing Comparison: Arvada vs Ocean city
- The median home price in Ocean city is higher at $600,000, compared to $477,000 in Arvada.
- The rent for a two-bedroom apartment is equal in both Arvada and Ocean city at $2,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Arvada | Ocean city |
|---|---|---|
| Electricity Price | $15.21 | $19.88 |
| Natural Gas Price | $11.3 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Arvada vs Ocean city
- Ocean city has higher electricity costs at $19.88 per kWh, versus $15.21 in Arvada.
- Ocean city experiences higher natural gas costs at $14.01 per unit, with costs at $11.3 in Arvada.
- Utility expenses are equal in both Arvada and Ocean city averaging $250.