Cost of Living: Independence, KY vs Englewood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Independence | Englewood |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $308,000 | $425,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Independence vs Englewood
- The median home price in Englewood is higher at $425,000, compared to $308,000 in Independence.
- The rent for a two-bedroom apartment is equal in both Independence and Englewood at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Independence | Englewood |
|---|---|---|
| Electricity Price | $12.87 | $19.88 |
| Natural Gas Price | $22.78 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Independence vs Englewood
- Englewood has higher electricity costs at $19.88 per kWh, versus $12.87 in Independence.
- Natural gas is more expensive in Independence at $22.78 per unit, while it is cheaper at $14.01 in Englewood.
- Utility expenses are equal in both Independence and Englewood averaging $250.