Cost of Living: Maplewood, NJ vs Hanover, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Maplewood | Hanover |
|---|---|---|
| Housing Index | 125.0 | 120.5 |
| Median Home Price | $589,000 | $401,000 |
| Average Rent (2 BR Apartment) | $2400 | $1800 |
| Average Rent (2 BR House) | $2450 | $1840 |
Housing Comparison: Maplewood vs Hanover
- In Maplewood, the median home price is higher at $589,000, while in Hanover it is $401,000.
- Renting a two-bedroom apartment costs more in Maplewood at $2,400 than in Hanover at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Maplewood | Hanover |
|---|---|---|
| Electricity Price | $19.88 | $22.44 |
| Natural Gas Price | $14.01 | $17.58 |
| Other Utilities | $280 | $250 |
Utilities Comparison: Maplewood vs Hanover
- Hanover has higher electricity costs at $22.44 per kWh, versus $19.88 in Maplewood.
- Hanover experiences higher natural gas costs at $17.58 per unit, with costs at $14.01 in Maplewood.
- Other utility costs are higher in Maplewood at an average of $280, compared to Hanover with $250.