Cost of Living: Niles, OH vs Ocean city, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Niles | Ocean city |
|---|---|---|
| Housing Index | 88.5 | Data is updating |
| Median Home Price | $131,000 | $600,000 |
| Average Rent (2 BR Apartment) | $820 | $Data is updating |
| Average Rent (2 BR House) | $872 | $Data is updating |
Housing Comparison: Niles vs Ocean city
- The median home price in Ocean city is higher at $600,000, compared to $131,000 in Niles.
- The rent for a two-bedroom apartment is equal in both Niles and Ocean city at $820.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Niles | Ocean city |
|---|---|---|
| Electricity Price | $15.92 | $19.88 |
| Natural Gas Price | $Data is updating | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Niles vs Ocean city
- Ocean city has higher electricity costs at $19.88 per kWh, versus $15.92 in Niles.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Niles and Ocean city averaging $250.