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.