Cost of Living: Indio, CA vs Elizabeth, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Indio | Elizabeth |
|---|---|---|
| Housing Index | 115.0 | 125.0 |
| Median Home Price | $395,000 | $293,000 |
| Average Rent (2 BR Apartment) | $1800 | $2400 |
| Average Rent (2 BR House) | $1840 | $2400 |
Housing Comparison: Indio vs Elizabeth
- In Indio, the median home price is higher at $395,000, while in Elizabeth it is $293,000.
- In Elizabeth, the rental for a two-bedroom apartment stands at $2,400, while it is $1,800 in Indio.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Indio | Elizabeth |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $14.01 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Indio vs Elizabeth
- Electricity costs are higher in Indio at $32.99 per kWh, compared to $19.88 in Elizabeth.
- Natural gas is more expensive in Indio at $16.99 per unit, while it is cheaper at $14.01 in Elizabeth.
- Utility expenses are equal in both Indio and Elizabeth averaging $250.