Cost of Living: Louisville, KY vs Cliffwood, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Louisville | Cliffwood |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $200,000 | $396,000 |
| Average Rent (2 BR Apartment) | $1200 | $2300 |
| Average Rent (2 BR House) | $1280 | $2400 |
Housing Comparison: Louisville vs Cliffwood
- The median home price in Cliffwood is higher at $396,000, compared to $200,000 in Louisville.
- In Cliffwood, the rental for a two-bedroom apartment stands at $2,300, while it is $1,200 in Louisville.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Louisville | Cliffwood |
|---|---|---|
| Electricity Price | $12.87 | $19.88 |
| Natural Gas Price | $22.78 | $14.01 |
| Other Utilities | $150 | $280 |
Utilities Comparison: Louisville vs Cliffwood
- Cliffwood has higher electricity costs at $19.88 per kWh, versus $12.87 in Louisville.
- Natural gas is more expensive in Louisville at $22.78 per unit, while it is cheaper at $14.01 in Cliffwood.
- Cliffwood has higher utility expenses, averaging $280, while Louisville averages $150.