Cost of Living: Kearny, NJ vs Concord, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Kearny | Concord |
|---|---|---|
| Housing Index | 115.2 | 95.0 |
| Median Home Price | $402,500 | $308,500 |
| Average Rent (2 BR Apartment) | $2300 | $1200 |
| Average Rent (2 BR House) | $2400 | $1440 |
Housing Comparison: Kearny vs Concord
- In Kearny, the median home price is higher at $402,500, while in Concord it is $308,500.
- Renting a two-bedroom apartment costs more in Kearny at $2,300 than in Concord at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Kearny | Concord |
|---|---|---|
| Electricity Price | $19.88 | $13.72 |
| Natural Gas Price | $14.01 | $Data is updating |
| Other Utilities | $250 | $180 |
Utilities Comparison: Kearny vs Concord
- Electricity costs are higher in Kearny at $19.88 per kWh, compared to $13.72 in Concord.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Kearny at an average of $250, compared to Concord with $180.