Cost of Living: Essex, MA vs Jersey city, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Essex | Jersey city |
|---|---|---|
| Housing Index | Data is updating | 145.0 |
| Median Home Price | $522,500 | $579,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $3200 |
| Average Rent (2 BR House) | $Data is updating | $2800 |
Housing Comparison: Essex vs Jersey city
- The median home price in Jersey city is higher at $579,000, compared to $522,500 in Essex.
- The rent for a two-bedroom apartment is equal in both Essex and Jersey city at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Essex | Jersey city |
|---|---|---|
| Electricity Price | $28.15 | $19.88 |
| Natural Gas Price | $21.62 | $14.01 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Essex vs Jersey city
- Electricity costs are higher in Essex at $28.15 per kWh, compared to $19.88 in Jersey city.
- Natural gas is more expensive in Essex at $21.62 per unit, while it is cheaper at $14.01 in Jersey city.
- Utility expenses are equal in both Essex and Jersey city averaging $0.0.