Cost of Living: Kearny, NJ vs Monticello, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Kearny | Monticello |
|---|---|---|
| Housing Index | 115.2 | 75.0 |
| Median Home Price | $402,500 | $155,000 |
| Average Rent (2 BR Apartment) | $2300 | $800 |
| Average Rent (2 BR House) | $2400 | $801.6 |
Housing Comparison: Kearny vs Monticello
- In Kearny, the median home price is higher at $402,500, while in Monticello it is $155,000.
- In Monticello, the rental for a two-bedroom apartment stands at $800, while it is $2,300 in Kearny.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Kearny | Monticello |
|---|---|---|
| Electricity Price | $19.88 | $12.36 |
| Natural Gas Price | $14.01 | $17.08 |
| Other Utilities | $250 | $150 |
Utilities Comparison: Kearny vs Monticello
- Electricity costs are higher in Kearny at $19.88 per kWh, compared to $12.36 in Monticello.
- Monticello experiences higher natural gas costs at $17.08 per unit, with costs at $14.01 in Kearny.
- Other utility costs are higher in Kearny at an average of $250, compared to Monticello with $150.