Cost of Living: Jersey city, NJ vs Cheshire, CT

Housing

The housing market plays a significant role in determining the cost of living.

Metric Jersey city Cheshire
Housing Index 145.0 115.0
Median Home Price $579,000 $360,000
Average Rent (2 BR Apartment) $3200 $1800
Average Rent (2 BR House) $2800 $1840

Housing Comparison: Jersey city vs Cheshire

  • In Jersey city, the median home price is higher at $579,000, while in Cheshire it is $360,000.
  • Renting a two-bedroom apartment costs more in Jersey city at $3,200 than in Cheshire at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Jersey city Cheshire
Electricity Price $19.88 $26
Natural Gas Price $14.01 $Data is updating
Other Utilities $250 $250

Utilities Comparison: Jersey city vs Cheshire

  • Cheshire has higher electricity costs at $26 per kWh, versus $19.88 in Jersey city.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Jersey city and Cheshire averaging $250.