Cost of Living: Newark, NJ vs Clarion, IA

Housing

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

Metric Newark Clarion
Housing Index 130.5 Data is updating
Median Home Price $327,000 $137,000
Average Rent (2 BR Apartment) $2200 $Data is updating
Average Rent (2 BR House) $2267 $Data is updating

Housing Comparison: Newark vs Clarion

  • In Newark, the median home price is higher at $327,000, while in Clarion it is $137,000.
  • The rent for a two-bedroom apartment is equal in both Newark and Clarion at $2,200.

Utilities

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

Metric Newark Clarion
Electricity Price $19.88 $14.82
Natural Gas Price $14.01 $15.61
Other Utilities $250 $Data is updating

Utilities Comparison: Newark vs Clarion

  • Electricity costs are higher in Newark at $19.88 per kWh, compared to $14.82 in Clarion.
  • Clarion experiences higher natural gas costs at $15.61 per unit, with costs at $14.01 in Newark.
  • Utility expenses are equal in both Newark and Clarion averaging $250.