Cost of Living: Marlboro, NJ vs Hoover, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Marlboro | Hoover |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $600,000 | $321,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1360 |
Housing Comparison: Marlboro vs Hoover
- In Marlboro, the median home price is higher at $600,000, while in Hoover it is $321,000.
- Renting a two-bedroom apartment costs more in Marlboro at $2,200 than in Hoover 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 | Marlboro | Hoover |
|---|---|---|
| Electricity Price | $19.88 | $15.03 |
| Natural Gas Price | $14.01 | $21.76 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Marlboro vs Hoover
- Electricity costs are higher in Marlboro at $19.88 per kWh, compared to $15.03 in Hoover.
- Hoover experiences higher natural gas costs at $21.76 per unit, with costs at $14.01 in Marlboro.
- Utility expenses are equal in both Marlboro and Hoover averaging $250.