Cost of Living: Cliffwood, NJ vs Houghton, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cliffwood | Houghton |
|---|---|---|
| Housing Index | 120.0 | 95.0 |
| Median Home Price | $396,000 | $180,000 |
| Average Rent (2 BR Apartment) | $2300 | $1200 |
| Average Rent (2 BR House) | $2400 | $1280 |
Housing Comparison: Cliffwood vs Houghton
- In Cliffwood, the median home price is higher at $396,000, while in Houghton it is $180,000.
- Renting a two-bedroom apartment costs more in Cliffwood at $2,300 than in Houghton at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cliffwood | Houghton |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $14.01 | $15.42 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Cliffwood vs Houghton
- Electricity costs are the same in both Cliffwood and Houghton at $19.88 per kWh.
- Houghton experiences higher natural gas costs at $15.42 per unit, with costs at $14.01 in Cliffwood.
- Other utility costs are higher in Cliffwood at an average of $280, compared to Houghton with $250.