Cost of Living: Erie, PA vs Woodbine, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Erie | Woodbine |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $152,500 | $196,500 |
| Average Rent (2 BR Apartment) | $900 | $1600 |
| Average Rent (2 BR House) | $960 | $1640 |
Housing Comparison: Erie vs Woodbine
- The median home price in Woodbine is higher at $196,500, compared to $152,500 in Erie.
- Renting a two-bedroom apartment costs more in Erie at $900 than in Woodbine at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Erie | Woodbine |
|---|---|---|
| Electricity Price | $17.68 | $19.88 |
| Natural Gas Price | $17.61 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Erie vs Woodbine
- Woodbine has higher electricity costs at $19.88 per kWh, versus $17.68 in Erie.
- Natural gas is more expensive in Erie at $17.61 per unit, while it is cheaper at $14.01 in Woodbine.
- Utility expenses are equal in both Erie and Woodbine averaging $250.