Cost of Living: Newark, NJ vs South solon, OH

Housing

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

Metric Newark South solon
Housing Index 130.5 Data is updating
Median Home Price $327,000 $120,000
Average Rent (2 BR Apartment) $2200 $Data is updating
Average Rent (2 BR House) $2267 $Data is updating

Housing Comparison: Newark vs South solon

  • In Newark, the median home price is higher at $327,000, while in South solon it is $120,000.
  • The rent for a two-bedroom apartment is equal in both Newark and South solon 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 South solon
Electricity Price $19.88 $15.92
Natural Gas Price $14.01 $Data is updating
Other Utilities $250 $Data is updating

Utilities Comparison: Newark vs South solon

  • Electricity costs are higher in Newark at $19.88 per kWh, compared to $15.92 in South solon.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Newark and South solon averaging $250.