Cost of Living: Erie, CO vs Trenton, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Erie | Trenton |
|---|---|---|
| Housing Index | 120.5 | 110.0 |
| Median Home Price | $574,000 | $271,000 |
| Average Rent (2 BR Apartment) | $2300 | $2000 |
| Average Rent (2 BR House) | $2400 | $2240 |
Housing Comparison: Erie vs Trenton
- In Erie, the median home price is higher at $574,000, while in Trenton it is $271,000.
- Renting a two-bedroom apartment costs more in Erie at $2,300 than in Trenton at $2,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Erie | Trenton |
|---|---|---|
| Electricity Price | $15.21 | $19.88 |
| Natural Gas Price | $11.3 | $14.01 |
| Other Utilities | $275 | $250 |
Utilities Comparison: Erie vs Trenton
- Trenton has higher electricity costs at $19.88 per kWh, versus $15.21 in Erie.
- Trenton experiences higher natural gas costs at $14.01 per unit, with costs at $11.3 in Erie.
- Other utility costs are higher in Erie at an average of $275, compared to Trenton with $250.