Cost of Living: Hackensack, NJ vs Milton, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hackensack | Milton |
|---|---|---|
| Housing Index | 125.0 | Data is updating |
| Median Home Price | $493,500 | $275,000 |
| Average Rent (2 BR Apartment) | $2400 | $Data is updating |
| Average Rent (2 BR House) | $2480 | $Data is updating |
Housing Comparison: Hackensack vs Milton
- In Hackensack, the median home price is higher at $493,500, while in Milton it is $275,000.
- The rent for a two-bedroom apartment is equal in both Hackensack and Milton at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hackensack | Milton |
|---|---|---|
| Electricity Price | $19.88 | $12.57 |
| Natural Gas Price | $14.01 | $12.35 |
| Other Utilities | $280 | $Data is updating |
Utilities Comparison: Hackensack vs Milton
- Electricity costs are higher in Hackensack at $19.88 per kWh, compared to $12.57 in Milton.
- Natural gas is more expensive in Hackensack at $14.01 per unit, while it is cheaper at $12.35 in Milton.
- Utility expenses are equal in both Hackensack and Milton averaging $280.