Cost of Living: Newark, NJ vs Santa clara, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Newark | Santa clara |
|---|---|---|
| Housing Index | 130.5 | 175.0 |
| Median Home Price | $327,000 | $1,277,864 |
| Average Rent (2 BR Apartment) | $2200 | $3200 |
| Average Rent (2 BR House) | $2267 | $3280 |
Housing Comparison: Newark vs Santa clara
- The median home price in Santa clara is higher at $1,277,864, compared to $327,000 in Newark.
- In Santa clara, the rental for a two-bedroom apartment stands at $3,200, while it is $2,200 in Newark.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Newark | Santa clara |
|---|---|---|
| Electricity Price | $19.88 | $32.99 |
| Natural Gas Price | $14.01 | $16.99 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Newark vs Santa clara
- Santa clara has higher electricity costs at $32.99 per kWh, versus $19.88 in Newark.
- Santa clara experiences higher natural gas costs at $16.99 per unit, with costs at $14.01 in Newark.
- Other utility costs are higher in Newark at an average of $250, compared to Santa clara with $200.