Cost of Living: Montgomery, IL vs Harrison, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Montgomery | Harrison |
|---|---|---|
| Housing Index | 85.0 | 125.4 |
| Median Home Price | $260,000 | $420,000 |
| Average Rent (2 BR Apartment) | $1200 | $2400 |
| Average Rent (2 BR House) | $1245 | $2457 |
Housing Comparison: Montgomery vs Harrison
- The median home price in Harrison is higher at $420,000, compared to $260,000 in Montgomery.
- In Harrison, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Montgomery.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Montgomery | Harrison |
|---|---|---|
| Electricity Price | $16.15 | $19.88 |
| Natural Gas Price | $16.59 | $14.01 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Montgomery vs Harrison
- Harrison has higher electricity costs at $19.88 per kWh, versus $16.15 in Montgomery.
- Natural gas is more expensive in Montgomery at $16.59 per unit, while it is cheaper at $14.01 in Harrison.
- Harrison has higher utility expenses, averaging $250, while Montgomery averages $200.