Cost of Living: Barrington, NJ vs Meridian, ID

Housing

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

Metric Barrington Meridian
Housing Index 115.0 115.0
Median Home Price $236,000 $427,000
Average Rent (2 BR Apartment) $2100 $1800
Average Rent (2 BR House) $2180 $1940

Housing Comparison: Barrington vs Meridian

  • The median home price in Meridian is higher at $427,000, compared to $236,000 in Barrington.
  • Renting a two-bedroom apartment costs more in Barrington at $2,100 than in Meridian at $1,800.

Utilities

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

Metric Barrington Meridian
Electricity Price $19.88 $12.28
Natural Gas Price $14.01 $9.87
Other Utilities $250 $250

Utilities Comparison: Barrington vs Meridian

  • Electricity costs are higher in Barrington at $19.88 per kWh, compared to $12.28 in Meridian.
  • Meridian experiences higher natural gas costs at $9.87 per unit, with costs at $14.01 in Barrington.
  • Utility expenses are equal in both Barrington and Meridian averaging $250.