Cost of Living: Ithaca, MI vs Sewell, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ithaca | Sewell |
|---|---|---|
| Housing Index | 85.0 | 120.5 |
| Median Home Price | $184,000 | $325,000 |
| Average Rent (2 BR Apartment) | $900 | $2100 |
| Average Rent (2 BR House) | $920 | $2150 |
Housing Comparison: Ithaca vs Sewell
- The median home price in Sewell is higher at $325,000, compared to $184,000 in Ithaca.
- Renting a two-bedroom apartment costs more in Ithaca at $900 than in Sewell at $2,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ithaca | Sewell |
|---|---|---|
| Electricity Price | $19.88 | $19.88 |
| Natural Gas Price | $15.42 | $14.01 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Ithaca vs Sewell
- Electricity costs are the same in both Ithaca and Sewell at $19.88 per kWh.
- Natural gas is more expensive in Ithaca at $15.42 per unit, while it is cheaper at $14.01 in Sewell.
- Sewell has higher utility expenses, averaging $250, while Ithaca averages $200.