Cost of Living: Hackensack, NJ vs Beverly hills, CA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Hackensack Beverly hills
Housing Index 125.0 200.0
Median Home Price $493,500 $1,935,000
Average Rent (2 BR Apartment) $2400 $3500
Average Rent (2 BR House) $2480 $3600

Housing Comparison: Hackensack vs Beverly hills

  • The median home price in Beverly hills is higher at $1,935,000, compared to $493,500 in Hackensack.
  • In Beverly hills, the rental for a two-bedroom apartment stands at $3,500, while it is $2,400 in Hackensack.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Hackensack Beverly hills
Electricity Price $19.88 $32.99
Natural Gas Price $14.01 $16.99
Other Utilities $280 $250

Utilities Comparison: Hackensack vs Beverly hills

  • Beverly hills has higher electricity costs at $32.99 per kWh, versus $19.88 in Hackensack.
  • Beverly hills experiences higher natural gas costs at $16.99 per unit, with costs at $14.01 in Hackensack.
  • Other utility costs are higher in Hackensack at an average of $280, compared to Beverly hills with $250.