Cost of Living: Elizabeth, NJ vs Aberdeen, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elizabeth | Aberdeen |
|---|---|---|
| Housing Index | 125.0 | 110.0 |
| Median Home Price | $293,000 | $350,000 |
| Average Rent (2 BR Apartment) | $2400 | $1800 |
| Average Rent (2 BR House) | $2400 | $1840 |
Housing Comparison: Elizabeth vs Aberdeen
- The median home price in Aberdeen is higher at $350,000, compared to $293,000 in Elizabeth.
- Renting a two-bedroom apartment costs more in Elizabeth at $2,400 than in Aberdeen 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 | Elizabeth | Aberdeen |
|---|---|---|
| Electricity Price | $19.88 | $17.41 |
| Natural Gas Price | $14.01 | $18.44 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Elizabeth vs Aberdeen
- Electricity costs are higher in Elizabeth at $19.88 per kWh, compared to $17.41 in Aberdeen.
- Aberdeen experiences higher natural gas costs at $18.44 per unit, with costs at $14.01 in Elizabeth.
- Utility expenses are equal in both Elizabeth and Aberdeen averaging $250.