Cost of Living: Modesto, CA vs Hackensack, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Modesto | Hackensack |
|---|---|---|
| Housing Index | 110.0 | 125.0 |
| Median Home Price | $428,000 | $493,500 |
| Average Rent (2 BR Apartment) | $1900 | $2400 |
| Average Rent (2 BR House) | $1925 | $2480 |
Housing Comparison: Modesto vs Hackensack
- The median home price in Hackensack is higher at $493,500, compared to $428,000 in Modesto.
- In Hackensack, the rental for a two-bedroom apartment stands at $2,400, while it is $1,900 in Modesto.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Modesto | Hackensack |
|---|---|---|
| Electricity Price | $32.99 | $19.88 |
| Natural Gas Price | $16.99 | $14.01 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Modesto vs Hackensack
- Electricity costs are higher in Modesto at $32.99 per kWh, compared to $19.88 in Hackensack.
- Natural gas is more expensive in Modesto at $16.99 per unit, while it is cheaper at $14.01 in Hackensack.
- Hackensack has higher utility expenses, averaging $280, while Modesto averages $250.