Cost of Living: Norwalk, CT vs Elizabeth, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norwalk | Elizabeth |
|---|---|---|
| Housing Index | 125.0 | 125.0 |
| Median Home Price | $486,500 | $293,000 |
| Average Rent (2 BR Apartment) | $2400 | $2400 |
| Average Rent (2 BR House) | $2450 | $2400 |
Housing Comparison: Norwalk vs Elizabeth
- In Norwalk, the median home price is higher at $486,500, while in Elizabeth it is $293,000.
- The rent for a two-bedroom apartment is equal in both Norwalk and Elizabeth at $2,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norwalk | Elizabeth |
|---|---|---|
| Electricity Price | $26 | $19.88 |
| Natural Gas Price | $Data is updating | $14.01 |
| Other Utilities | $290 | $250 |
Utilities Comparison: Norwalk vs Elizabeth
- Electricity costs are higher in Norwalk at $26 per kWh, compared to $19.88 in Elizabeth.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Norwalk at an average of $290, compared to Elizabeth with $250.