Cost of Living: Clifton, NJ vs Hot springs village, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Clifton | Hot springs village |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $504,000 | $265,000 |
| Average Rent (2 BR Apartment) | $2300 | $1200 |
| Average Rent (2 BR House) | $2400 | $1250 |
Housing Comparison: Clifton vs Hot springs village
- In Clifton, the median home price is higher at $504,000, while in Hot springs village it is $265,000.
- Renting a two-bedroom apartment costs more in Clifton at $2,300 than in Hot springs village 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 | Clifton | Hot springs village |
|---|---|---|
| Electricity Price | $19.88 | $12.36 |
| Natural Gas Price | $14.01 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Clifton vs Hot springs village
- Electricity costs are higher in Clifton at $19.88 per kWh, compared to $12.36 in Hot springs village.
- Hot springs village experiences higher natural gas costs at $17.08 per unit, with costs at $14.01 in Clifton.
- Other utility costs are higher in Clifton at an average of $250, compared to Hot springs village with $200.