Cost of Living: Jersey city, NJ vs Laconia, NH
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Jersey city | Laconia |
---|---|---|
Housing Index | 145.0 | 95.0 |
Median Home Price | $579,000 | $325,000 |
Average Rent (2 BR Apartment) | $3200 | $1700 |
Average Rent (2 BR House) | $2800 | $1820 |
Housing Comparison: Jersey city vs Laconia
- In Jersey city, the median home price is higher at $579,000, while in Laconia it is $325,000.
- Renting a two-bedroom apartment costs more in Jersey city at $3,200 than in Laconia at $1,700.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Jersey city | Laconia |
---|---|---|
Electricity Price | $19.88 | $22.44 |
Natural Gas Price | $14.01 | $17.58 |
Other Utilities | $250 | $250 |
Utilities Comparison: Jersey city vs Laconia
- Laconia has higher electricity costs at $22.44 per kWh, versus $19.88 in Jersey city.
- Laconia experiences higher natural gas costs at $17.58 per unit, with costs at $14.01 in Jersey city.
- Utility expenses are equal in both Jersey city and Laconia averaging $250.