Cost of Living: Marlboro, NJ vs Montgomery, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Marlboro | Montgomery |
|---|---|---|
| Housing Index | 125.0 | 85.0 |
| Median Home Price | $600,000 | $260,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1245 |
Housing Comparison: Marlboro vs Montgomery
- In Marlboro, the median home price is higher at $600,000, while in Montgomery it is $260,000.
- Renting a two-bedroom apartment costs more in Marlboro at $2,200 than in Montgomery 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 | Montgomery |
|---|---|---|
| Electricity Price | $19.88 | $16.15 |
| Natural Gas Price | $14.01 | $16.59 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Marlboro vs Montgomery
- Electricity costs are higher in Marlboro at $19.88 per kWh, compared to $16.15 in Montgomery.
- Montgomery experiences higher natural gas costs at $16.59 per unit, with costs at $14.01 in Marlboro.
- Other utility costs are higher in Marlboro at an average of $250, compared to Montgomery with $200.