Cost of Living: Elizabeth, NJ vs Little rock, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elizabeth | Little rock |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $293,000 | $222,000 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2400 | $1080 |
Housing Comparison: Elizabeth vs Little rock
- In Elizabeth, the median home price is higher at $293,000, while in Little rock it is $222,000.
- Renting a two-bedroom apartment costs more in Elizabeth at $2,400 than in Little rock at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Elizabeth | Little rock |
|---|---|---|
| Electricity Price | $19.88 | $12.36 |
| Natural Gas Price | $14.01 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Elizabeth vs Little rock
- Electricity costs are higher in Elizabeth at $19.88 per kWh, compared to $12.36 in Little rock.
- Little rock experiences higher natural gas costs at $17.08 per unit, with costs at $14.01 in Elizabeth.
- Other utility costs are higher in Elizabeth at an average of $250, compared to Little rock with $200.