Cost of Living: Elizabeth, NJ vs Washington, DC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Elizabeth | Washington |
|---|---|---|
| Housing Index | 125.0 | 140.0 |
| Median Home Price | $293,000 | $679,000 |
| Average Rent (2 BR Apartment) | $2400 | $3000 |
| Average Rent (2 BR House) | $2400 | $3200 |
Housing Comparison: Elizabeth vs Washington
- The median home price in Washington is higher at $679,000, compared to $293,000 in Elizabeth.
- In Washington, the rental for a two-bedroom apartment stands at $3,000, 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 | Washington |
|---|---|---|
| Electricity Price | $19.88 | $17.11 |
| Natural Gas Price | $14.01 | $18.41 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Elizabeth vs Washington
- Electricity costs are higher in Elizabeth at $19.88 per kWh, compared to $17.11 in Washington.
- Washington experiences higher natural gas costs at $18.41 per unit, with costs at $14.01 in Elizabeth.
- Utility expenses are equal in both Elizabeth and Washington averaging $250.