Cost of Living: Elizabeth, NJ vs Boon, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elizabeth | Boon |
|---|---|---|
| Housing Index | 125.0 | Data is updating |
| Median Home Price | $293,000 | $170,000 |
| Average Rent (2 BR Apartment) | $2400 | $Data is updating |
| Average Rent (2 BR House) | $2400 | $Data is updating |
Housing Comparison: Elizabeth vs Boon
- In Elizabeth, the median home price is higher at $293,000, while in Boon it is $170,000.
- The rent for a two-bedroom apartment is equal in both Elizabeth and Boon 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 | Elizabeth | Boon |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $14.01 | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Elizabeth vs Boon
- Electricity costs are the same in both Elizabeth and Boon at $19.88 per kWh.
- Boon experiences higher natural gas costs at $15.42 per unit, with costs at $14.01 in Elizabeth.
- Utility expenses are equal in both Elizabeth and Boon averaging $250.