Cost of Living: Jersey city, NJ vs Nashua, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jersey city | Nashua |
|---|---|---|
| Housing Index | 145.0 | 115.0 |
| Median Home Price | $579,000 | $430,000 |
| Average Rent (2 BR Apartment) | $3200 | $1900 |
| Average Rent (2 BR House) | $2800 | $1960 |
Housing Comparison: Jersey city vs Nashua
- In Jersey city, the median home price is higher at $579,000, while in Nashua it is $430,000.
- Renting a two-bedroom apartment costs more in Jersey city at $3,200 than in Nashua at $1,900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Jersey city | Nashua |
|---|---|---|
| Electricity Price | $19.88 | $22.44 |
| Natural Gas Price | $14.01 | $17.58 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Jersey city vs Nashua
- Nashua has higher electricity costs at $22.44 per kWh, versus $19.88 in Jersey city.
- Nashua 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 Nashua averaging $250.