Cost of Living: Elizabeth, NJ vs Hampton, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elizabeth | Hampton |
|---|---|---|
| Housing Index | 125.0 | 120.0 |
| Median Home Price | $293,000 | $475,000 |
| Average Rent (2 BR Apartment) | $2400 | $2400 |
| Average Rent (2 BR House) | $2400 | $2500 |
Housing Comparison: Elizabeth vs Hampton
- The median home price in Hampton is higher at $475,000, compared to $293,000 in Elizabeth.
- The rent for a two-bedroom apartment is equal in both Elizabeth and Hampton 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 | Hampton |
|---|---|---|
| Electricity Price | $19.88 | $22.44 |
| Natural Gas Price | $14.01 | $17.58 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Elizabeth vs Hampton
- Hampton has higher electricity costs at $22.44 per kWh, versus $19.88 in Elizabeth.
- Hampton experiences higher natural gas costs at $17.58 per unit, with costs at $14.01 in Elizabeth.
- Utility expenses are equal in both Elizabeth and Hampton averaging $250.