Cost of Living: Holland, MI vs Closter, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Holland | Closter |
|---|---|---|
| Housing Index | 85.0 | 130.0 |
| Median Home Price | $212,100 | $664,000 |
| Average Rent (2 BR Apartment) | $1500 | $2800 |
| Average Rent (2 BR House) | $1515 | $2900 |
Housing Comparison: Holland vs Closter
- The median home price in Closter is higher at $664,000, compared to $212,100 in Holland.
- In Closter, the rental for a two-bedroom apartment stands at $2,800, while it is $1,500 in Holland.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Holland | Closter |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $15.42 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Holland vs Closter
- Electricity costs are the same in both Holland and Closter at $19.88 per kWh.
- Natural gas is more expensive in Holland at $15.42 per unit, while it is cheaper at $14.01 in Closter.
- Utility expenses are equal in both Holland and Closter averaging $250.