Cost of Living: Mendenhall, MS vs Pompton lakes, NJ

Housing

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

Metric Mendenhall Pompton lakes
Housing Index 85.0 120.0
Median Home Price $190,000 $450,000
Average Rent (2 BR Apartment) $800 $2300
Average Rent (2 BR House) $832 $2400

Housing Comparison: Mendenhall vs Pompton lakes

  • The median home price in Pompton lakes is higher at $450,000, compared to $190,000 in Mendenhall.
  • Renting a two-bedroom apartment costs more in Mendenhall at $800 than in Pompton lakes at $2,300.

Utilities

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

Metric Mendenhall Pompton lakes
Electricity Price $13.42 $19.88
Natural Gas Price $22.19 $14.01
Other Utilities $210 $250

Utilities Comparison: Mendenhall vs Pompton lakes

  • Pompton lakes has higher electricity costs at $19.88 per kWh, versus $13.42 in Mendenhall.
  • Natural gas is more expensive in Mendenhall at $22.19 per unit, while it is cheaper at $14.01 in Pompton lakes.
  • Pompton lakes has higher utility expenses, averaging $250, while Mendenhall averages $210.