Cost of Living: Jersey city, NJ vs Meridian, ID
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jersey city | Meridian |
|---|---|---|
| Housing Index | 145.0 | 115.0 |
| Median Home Price | $579,000 | $427,000 |
| Average Rent (2 BR Apartment) | $3200 | $1800 |
| Average Rent (2 BR House) | $2800 | $1940 |
Housing Comparison: Jersey city vs Meridian
- In Jersey city, the median home price is higher at $579,000, while in Meridian it is $427,000.
- Renting a two-bedroom apartment costs more in Jersey city at $3,200 than in Meridian 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 | Meridian |
|---|---|---|
| Electricity Price | $19.88 | $12.28 |
| Natural Gas Price | $14.01 | $9.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Jersey city vs Meridian
- Electricity costs are higher in Jersey city at $19.88 per kWh, compared to $12.28 in Meridian.
- Meridian experiences higher natural gas costs at $9.87 per unit, with costs at $14.01 in Jersey city.
- Utility expenses are equal in both Jersey city and Meridian averaging $250.