Cost of Living: Elizabeth, NJ vs Wickliffe, OH

Housing

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

Metric Elizabeth Wickliffe
Housing Index 125.0 90.1
Median Home Price $293,000 $198,000
Average Rent (2 BR Apartment) $2400 $1200
Average Rent (2 BR House) $2400 $1280

Housing Comparison: Elizabeth vs Wickliffe

  • In Elizabeth, the median home price is higher at $293,000, while in Wickliffe it is $198,000.
  • Renting a two-bedroom apartment costs more in Elizabeth at $2,400 than in Wickliffe 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 Wickliffe
Electricity Price $19.88 $15.92
Natural Gas Price $14.01 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Elizabeth vs Wickliffe

  • Electricity costs are higher in Elizabeth at $19.88 per kWh, compared to $15.92 in Wickliffe.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Elizabeth and Wickliffe averaging $250.