Cost of Living: Elizabeth, NJ vs Cleveland, MS

Housing

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

Metric Elizabeth Cleveland
Housing Index 125.0 70.0
Median Home Price $293,000 $175,000
Average Rent (2 BR Apartment) $2400 $800
Average Rent (2 BR House) $2400 $840

Housing Comparison: Elizabeth vs Cleveland

  • In Elizabeth, the median home price is higher at $293,000, while in Cleveland it is $175,000.
  • In Cleveland, the rental for a two-bedroom apartment stands at $800, while it is $2,400 in Elizabeth.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Elizabeth Cleveland
Electricity Price $19.88 $13.42
Natural Gas Price $14.01 $22.19
Other Utilities $250 $200

Utilities Comparison: Elizabeth vs Cleveland

  • Electricity costs are higher in Elizabeth at $19.88 per kWh, compared to $13.42 in Cleveland.
  • Cleveland experiences higher natural gas costs at $22.19 per unit, with costs at $14.01 in Elizabeth.
  • Other utility costs are higher in Elizabeth at an average of $250, compared to Cleveland with $200.