Cost of Living: Hinsdale, IL vs Hackensack, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hinsdale | Hackensack |
|---|---|---|
| Housing Index | 115.0 | 125.0 |
| Median Home Price | $633,000 | $493,500 |
| Average Rent (2 BR Apartment) | $2300 | $2400 |
| Average Rent (2 BR House) | $2400 | $2480 |
Housing Comparison: Hinsdale vs Hackensack
- In Hinsdale, the median home price is higher at $633,000, while in Hackensack it is $493,500.
- In Hackensack, the rental for a two-bedroom apartment stands at $2,400, while it is $2,300 in Hinsdale.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hinsdale | Hackensack |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $14.01 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Hinsdale vs Hackensack
- Hackensack has higher electricity costs at $19.88 per kWh, versus $16.15 in Hinsdale.
- Natural gas is more expensive in Hinsdale at $16.59 per unit, while it is cheaper at $14.01 in Hackensack.
- Hackensack has higher utility expenses, averaging $280, while Hinsdale averages $250.