Cost of Living: Kingsport, TN vs Hackensack, NJ

Housing

The housing market plays a significant role in determining the cost of living.

Metric Kingsport Hackensack
Housing Index 85.0 125.0
Median Home Price $240,000 $493,500
Average Rent (2 BR Apartment) $1200 $2400
Average Rent (2 BR House) $1300 $2480

Housing Comparison: Kingsport vs Hackensack

  • The median home price in Hackensack is higher at $493,500, compared to $240,000 in Kingsport.
  • In Hackensack, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Kingsport.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Kingsport Hackensack
Electricity Price $12.57 $19.88
Natural Gas Price $12.35 $14.01
Other Utilities $250 $280

Utilities Comparison: Kingsport vs Hackensack

  • Hackensack has higher electricity costs at $19.88 per kWh, versus $12.57 in Kingsport.
  • Hackensack experiences higher natural gas costs at $14.01 per unit, with costs at $12.35 in Kingsport.
  • Hackensack has higher utility expenses, averaging $280, while Kingsport averages $250.