Cost of Living: Norfolk, VA vs Morganville, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norfolk | Morganville |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $292,000 | $550,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Norfolk vs Morganville
- The median home price in Morganville is higher at $550,000, compared to $292,000 in Norfolk.
- The rent for a two-bedroom apartment is equal in both Norfolk and Morganville at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norfolk | Morganville |
|---|---|---|
| Electricity Price | $15.31 | $19.88 |
| Natural Gas Price | $19.91 | $14.01 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Norfolk vs Morganville
- Morganville has higher electricity costs at $19.88 per kWh, versus $15.31 in Norfolk.
- Natural gas is more expensive in Norfolk at $19.91 per unit, while it is cheaper at $14.01 in Morganville.
- Utility expenses are equal in both Norfolk and Morganville averaging $250.