Cost of Living: Hackensack, NJ vs Mcdonough, GA

Housing

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

Metric Hackensack Mcdonough
Housing Index 125.0 110.0
Median Home Price $493,500 $278,000
Average Rent (2 BR Apartment) $2400 $1450
Average Rent (2 BR House) $2480 $1485

Housing Comparison: Hackensack vs Mcdonough

  • In Hackensack, the median home price is higher at $493,500, while in Mcdonough it is $278,000.
  • Renting a two-bedroom apartment costs more in Hackensack at $2,400 than in Mcdonough at $1,450.

Utilities

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

Metric Hackensack Mcdonough
Electricity Price $19.88 $15.53
Natural Gas Price $14.01 $27.53
Other Utilities $280 $250

Utilities Comparison: Hackensack vs Mcdonough

  • Electricity costs are higher in Hackensack at $19.88 per kWh, compared to $15.53 in Mcdonough.
  • Mcdonough experiences higher natural gas costs at $27.53 per unit, with costs at $14.01 in Hackensack.
  • Other utility costs are higher in Hackensack at an average of $280, compared to Mcdonough with $250.