Cost of Living: Jersey city, NJ vs Ocoee, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jersey city | Ocoee |
|---|---|---|
| Housing Index | 145.0 | 115.0 |
| Median Home Price | $579,000 | $350,000 |
| Average Rent (2 BR Apartment) | $3200 | $1800 |
| Average Rent (2 BR House) | $2800 | $1840 |
Housing Comparison: Jersey city vs Ocoee
- In Jersey city, the median home price is higher at $579,000, while in Ocoee it is $350,000.
- Renting a two-bedroom apartment costs more in Jersey city at $3,200 than in Ocoee 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 | Ocoee |
|---|---|---|
| Electricity Price | $19.88 | $13.89 |
| Natural Gas Price | $14.01 | $26.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Jersey city vs Ocoee
- Electricity costs are higher in Jersey city at $19.88 per kWh, compared to $13.89 in Ocoee.
- Ocoee experiences higher natural gas costs at $26.13 per unit, with costs at $14.01 in Jersey city.
- Utility expenses are equal in both Jersey city and Ocoee averaging $250.