Cost of Living: Gibsonburg, OH vs Elizabeth, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gibsonburg | Elizabeth |
|---|---|---|
| Housing Index | 88.5 | 125.0 |
| Median Home Price | $152,000 | $293,000 |
| Average Rent (2 BR Apartment) | $1000 | $2400 |
| Average Rent (2 BR House) | $1045 | $2400 |
Housing Comparison: Gibsonburg vs Elizabeth
- The median home price in Elizabeth is higher at $293,000, compared to $152,000 in Gibsonburg.
- In Elizabeth, the rental for a two-bedroom apartment stands at $2,400, while it is $1,000 in Gibsonburg.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Gibsonburg | Elizabeth |
|---|---|---|
| Electricity Price | $15.92 | $19.88 |
| Natural Gas Price | $Data is updating | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Gibsonburg vs Elizabeth
- Elizabeth has higher electricity costs at $19.88 per kWh, versus $15.92 in Gibsonburg.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Gibsonburg and Elizabeth averaging $250.