Cost of Living: Barnegat, NJ vs Portsmouth, NH

Housing

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

Metric Barnegat Portsmouth
Housing Index 110.5 120.8
Median Home Price $338,000 $425,000
Average Rent (2 BR Apartment) $1800 $2200
Average Rent (2 BR House) $1845 $2272

Housing Comparison: Barnegat vs Portsmouth

  • The median home price in Portsmouth is higher at $425,000, compared to $338,000 in Barnegat.
  • In Portsmouth, the rental for a two-bedroom apartment stands at $2,200, while it is $1,800 in Barnegat.

Utilities

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

Metric Barnegat Portsmouth
Electricity Price $19.88 $22.44
Natural Gas Price $14.01 $17.58
Other Utilities $250 $250

Utilities Comparison: Barnegat vs Portsmouth

  • Portsmouth has higher electricity costs at $22.44 per kWh, versus $19.88 in Barnegat.
  • Portsmouth experiences higher natural gas costs at $17.58 per unit, with costs at $14.01 in Barnegat.
  • Utility expenses are equal in both Barnegat and Portsmouth averaging $250.