Cost of Living: Kearny, NJ vs Fargo, ND
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Kearny | Fargo |
---|---|---|
Housing Index | 115.2 | 90.0 |
Median Home Price | $402,500 | $334,000 |
Average Rent (2 BR Apartment) | $2300 | $1200 |
Average Rent (2 BR House) | $2400 | $1320 |
Housing Comparison: Kearny vs Fargo
- In Kearny, the median home price is higher at $402,500, while in Fargo it is $334,000.
- Renting a two-bedroom apartment costs more in Kearny at $2,300 than in Fargo 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 | Fargo |
---|---|---|
Electricity Price | $19.88 | $13.65 |
Natural Gas Price | $14.01 | $10.8 |
Other Utilities | $250 | $250 |
Utilities Comparison: Kearny vs Fargo
- Electricity costs are higher in Kearny at $19.88 per kWh, compared to $13.65 in Fargo.
- Natural gas is more expensive in Kearny at $14.01 per unit, while it is cheaper at $10.8 in Fargo.
- Utility expenses are equal in both Kearny and Fargo averaging $250.