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.