Cost of Living: Jersey city, NJ vs Hilo, HI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jersey city | Hilo |
|---|---|---|
| Housing Index | 145.0 | 160.0 |
| Median Home Price | $579,000 | $479,000 |
| Average Rent (2 BR Apartment) | $3200 | $2500 |
| Average Rent (2 BR House) | $2800 | $2400 |
Housing Comparison: Jersey city vs Hilo
- In Jersey city, the median home price is higher at $579,000, while in Hilo it is $479,000.
- Renting a two-bedroom apartment costs more in Jersey city at $3,200 than in Hilo at $2,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Jersey city | Hilo |
|---|---|---|
| Electricity Price | $19.88 | $42.45 |
| Natural Gas Price | $14.01 | $51.22 |
| Other Utilities | $250 | $350 |
Utilities Comparison: Jersey city vs Hilo
- Hilo has higher electricity costs at $42.45 per kWh, versus $19.88 in Jersey city.
- Hilo experiences higher natural gas costs at $51.22 per unit, with costs at $14.01 in Jersey city.
- Hilo has higher utility expenses, averaging $350, while Jersey city averages $250.