Cost of Living: Closter, NJ vs West warwick, RI

Housing

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

Metric Closter West warwick
Housing Index 130.0 120.0
Median Home Price $664,000 $250,000
Average Rent (2 BR Apartment) $2800 $1800
Average Rent (2 BR House) $2900 $1856

Housing Comparison: Closter vs West warwick

  • In Closter, the median home price is higher at $664,000, while in West warwick it is $250,000.
  • Renting a two-bedroom apartment costs more in Closter at $2,800 than in West warwick 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 Closter West warwick
Electricity Price $19.88 $27.03
Natural Gas Price $14.01 $21.52
Other Utilities $250 $250

Utilities Comparison: Closter vs West warwick

  • West warwick has higher electricity costs at $27.03 per kWh, versus $19.88 in Closter.
  • West warwick experiences higher natural gas costs at $21.52 per unit, with costs at $14.01 in Closter.
  • Utility expenses are equal in both Closter and West warwick averaging $250.