Cost of Living: Belmont, CA vs Metuchen, NJ
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Belmont | Metuchen |
---|---|---|
Housing Index | 165.0 | 125.0 |
Median Home Price | $1,360,000 | $429,000 |
Average Rent (2 BR Apartment) | $3200 | $2400 |
Average Rent (2 BR House) | $3400 | $2500 |
Housing Comparison: Belmont vs Metuchen
- In Belmont, the median home price is higher at $1,360,000, while in Metuchen it is $429,000.
- Renting a two-bedroom apartment costs more in Belmont at $3,200 than in Metuchen at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Belmont | Metuchen |
---|---|---|
Electricity Price | $32.99 | $19.88 |
Natural Gas Price | $16.99 | $14.01 |
Other Utilities | $250 | $280 |
Utilities Comparison: Belmont vs Metuchen
- Electricity costs are higher in Belmont at $32.99 per kWh, compared to $19.88 in Metuchen.
- Natural gas is more expensive in Belmont at $16.99 per unit, while it is cheaper at $14.01 in Metuchen.
- Metuchen has higher utility expenses, averaging $280, while Belmont averages $250.