Cost of Living: Elizabeth, NJ vs Weymouth, MA

Housing

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

Metric Elizabeth Weymouth
Housing Index 125.0 120.5
Median Home Price $293,000 $470,000
Average Rent (2 BR Apartment) $2400 $2400
Average Rent (2 BR House) $2400 $2450

Housing Comparison: Elizabeth vs Weymouth

  • The median home price in Weymouth is higher at $470,000, compared to $293,000 in Elizabeth.
  • The rent for a two-bedroom apartment is equal in both Elizabeth and Weymouth 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 Weymouth
Electricity Price $19.88 $28.15
Natural Gas Price $14.01 $21.62
Other Utilities $250 $280

Utilities Comparison: Elizabeth vs Weymouth

  • Weymouth has higher electricity costs at $28.15 per kWh, versus $19.88 in Elizabeth.
  • Weymouth experiences higher natural gas costs at $21.62 per unit, with costs at $14.01 in Elizabeth.
  • Weymouth has higher utility expenses, averaging $280, while Elizabeth averages $250.