Cost of Living: Fort washington, MD vs Elizabeth, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fort washington | Elizabeth |
|---|---|---|
| Housing Index | 120.5 | 125.0 |
| Median Home Price | $400,000 | $293,000 |
| Average Rent (2 BR Apartment) | $1900 | $2400 |
| Average Rent (2 BR House) | $1950 | $2400 |
Housing Comparison: Fort washington vs Elizabeth
- In Fort washington, the median home price is higher at $400,000, while in Elizabeth it is $293,000.
- In Elizabeth, the rental for a two-bedroom apartment stands at $2,400, while it is $1,900 in Fort washington.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fort washington | Elizabeth |
|---|---|---|
| Electricity Price | $17.41 | $19.88 |
| Natural Gas Price | $18.44 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Fort washington vs Elizabeth
- Elizabeth has higher electricity costs at $19.88 per kWh, versus $17.41 in Fort washington.
- Natural gas is more expensive in Fort washington at $18.44 per unit, while it is cheaper at $14.01 in Elizabeth.
- Utility expenses are equal in both Fort washington and Elizabeth averaging $250.